Home Improvement Loans Available in Clearwater

3/8/2013 2:56:38 PM

Contact: Geri Campos Lopez

FOR IMMEDIATE RELEASE

March 8, 2013

Contact: Geri Campos Lopez

(727) 562-4023

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 Americans with Disabilities Act modifications.

For information regarding the Housing Rehabilitation Program, contact Terry Malcolm-Smith at (727) 562-4036.

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