Rental Rehabilitation Loan Program

• Partnerships, HRAs, individuals. Owners of
• rental property occupied by low and
• moderate income tenants. Property
• improvement loans are available statewide
• to residential rental property owners.
• Income less than 80% statewide median
• income. Equity in property, positive cash
• flow.

• Installment loans.
• Terms: 6% - 15 years. $25,000 - single
• family structure. $10,000 - multi family up
• to maximum. $100,000 per structure.
• Loans over $5,000 secured with mortgage.