The city of San Clemente’s Housing Rehabilitation Center is offering no-interest loans to residents looking into home improvement projects. According to the city’s press release, the program is made available to the city by the Department of Housing and Urban Development’s (HUD’s) Community Development Block Grant (CDBG).
San Clemente’s program is offering a no-interest, deferred loan for those who qualify and fall within the program’s requirements. Those eligible must meet the income limits provided for the previous two years, have sufficient equity in their home and meet all other qualifications. The qualifications and standards vary for homeowners and rental property owners.
Residents are also eligible for additional home repairs of grants up to $10,000 for owner-occupied homes or $5,000 for mobile homes. For more information on the Housing Rehabilitation Center’s Program, call 949.366.4755 or email email@example.com.