Home Improvement Loans Available
6/14/2013 7:33:29 AM
Contact: Geri Campos Lopez, 562-4023
FOR IMMEDIATE RELEASE
June 14, 2013
Contact: Geri Campos Lopez
Home Improvement Loans Available in Clearwater
CLEARWATER, Fla. – The City of Clearwater Economic Development and Housing Department may be able to help with necessary code-related repairs needed in the home. Single-family detached homes, townhouses or villas with a comparable sales value from the Pinellas County Property Appraiser that does not exceed $150,000 may benefit from the City’s Housing Rehabilitation Loan Program. Homes must be occupied by the owner. Loans available are up to $25,000.
Household income must be 80 percent or less than the area median income. For example, a one person household would have to have an income of $31,850 or less. A four person household would have to have an income of $45,450 or less. Other eligibility criteria may apply.
Assistance is in the form of a deferred payment loan or a low interest loan, depending on income.
Some examples of work that could be funded are roof system repairs including soffit/fascia; plumbing repairs; electrical repairs; replacement of doors and/or windows; and ADA modifications.
For information regarding the Housing Rehabilitation Program, contact Terry Malcolm-Smith at (727) 562-4036.