Program Descriptions Eligibility City of La Mirada/La Mirada Redevelopment Agency mergency Grants To qualify for assistance, both the homeowner and the property must satisfy specific eligibility criteria. E This emergency grant is for specific emergency repairs up to $5,000 to address immediate health and Homeowner: H OME safety risks, such as a leaky , broken water or sewer  Applicant must be on title and occupy the property. pipes, lack of cold/hot water, broken or clogged waste  Total gross household income must not exceed the line, and broken or cracked gas line. Repayment required following 2012 income limits based on household I MPROVEMENT if certain conditions are triggered within one year. size:

ow-Interest Deferred Loans Household Maximum Household Maximum P ROGRAM . Size Income Size Income L This loan is designed for exterior and some interior repairs and improvements such as or elec- 1 $47,250 5 $72,850 (HIP) trical repairs. The loan amount is based on need with 3% 2 $54,000 6 $78,250 annual simple interest. The loan is secured by a deed of trust and does not need to be repaid until the property is 3 $60.750 7 $83,650 sold, refinanced, no longer owner-occupied, or ownership is transferred. At that time, the loan and interests are due 4 $67,450 8 $89,050 Property:  Must be a single-family detached or a mobile Guidelines & Rules home in the City of La Mirada.  Must be in need of repairs to: correct existing code Home improvements must be completed within 3 months of violations, protect structural integrity of the property, signing assistance documents. Improvements done prior promote neighborhood safety, and/or provide exteri- to the signing of assistance documents cannot be reim- or/interior improvements. bursed by the loan and/or grant proceeds. All contractors must have a current State Contractor’s License and the  Must have a homeowner’s insurance policy for full replacement value. City’s business license.  Property taxes must be paid. 2012-2013 The following administrative fees and lead and asbestos  Liens and encumbrances on the property must not testing fees will be paid for by the loan/grant proceeds: up exceed 80% of fair-market-value at the time of appli- The Home Improvement Program to $1,349 for the Loan and up to $79 for the Emergency cation, 85% including the City’s assistance. Grant. Fees may change without notice. (HIP) is a home assistance program for low- to moderate-income La Mira- The City of La Mirada/La Mirada Redevelopment Agency da homeowners to correct violations withholds the right to deny an application at any time, if Common Reasons for Denial and repair deteriorating conditions in any false information is found on the application.  High Loan-to-Value their . The assistance is pro-  More than 2 Mortgages/Liens on Property vided through an emergency grant  Unpaid Property Taxes and/or Property Tax Liens and a low-interest deferred loan.  Income Tax Liens Due to Unpaid Income Taxes Funding is based on a first-come ba- sis. Lead-Based Paint & Asbestos All participating properties receiving low-interest deferred For more information, contact the City’s 13700 La Mirada Boulevard loan is subject to lead-based paint and asbestos regula- Housing Technician at La Mirada, California 90638 tions. If test are positive, a grant of up to $2,500 is availa- (562) 943-0131 562-943-0131 ble for the abatement of the property. www.cityoflamirada.org/housing.htm