Home Repair Program

Home Repair Program

ADA City of Lorain Accessibility Improvements Building, Housing & Planning The Home Repair Loan Program may also help with ADA accessibility improvements in the home for income qualified Home Repair applicants. Residents (Tenants) who do not own Building, Housing & Program the home may also qualify if re- Planning Department pairs/improvements are approved by the homeowner (Landlord). 200 West Erie Ave, 5th Floor Lorain, OH 44052 Examples of Eligible Accommodations Ramps Phone (440) 204-2020 Fax (440) 204-2080 Grab bars www.cityoflorain.org Door widening Level door knobs/faucets Residents may meet with staff members and submit applications Toilets during the following times: Reasonable structural modifications Visual/Hearing impaired smoke Monday-Friday detectors Available to City of Lorain residents on 8:30a.m.-3:30p.m. a first come, first service basis while funds are available Home Repair 2021 HUD Income Limits Eligible Repairs The Home Repair Program is for owner occu- (SUBJECT TO CHANGE EACH YEAR PER Code Violations, such as: pied homeowners to make their home decent, HUD GUIDELINES): safe, and sanitary. Structural hazards Participation is limited to owner-occupied Per Household Income Electrical and other fire hazards households at or below 80% of area median income as established by the Department of 60 % 80% Family Gas lines Housing & Urban Development (HUD). AMI (Low Income) Size Roof repair/replacement, gutters Homes must be located in the City of Lorain, $33,060 $44,050 1 and the applicant must have lived in the proper- Repair/Replacement of heating systems/ ty for at least twelve (12) months upon applying $37,740 $50,350 2 HVAC for the program. $42,480 $56,650 3 Air conditioning systems (Must be medi- Residents who currently have a loan or have cally related with doctor’s notifications) had a loan satisfied with the City of Lorain with- $47,160 $62,900 4 in the past 5 years will not be eligible to apply. $50,940 $67,950 5 Plumbing (includes, water tank replace- ment and waterlines which may include Terms: $54,720 $73,000 6 branch lines and well pump repair or Maximum loan amount is $15,000 $58,500 $78,000 7 replacement) If a household income is at or below 60% $62,280 $83,050 8 Sewer/septic repair AMI, 100% of the loan will be deferred and forgiven over 5 years Foundation repair If a household income is above 60% AMI but Participation and Approval is subject to the Ineligible Repairs at or below 80% AMI, 20% of the total loan availability of funds for the Home will be payable over the 5 year loan term. Repair Loan Program. Detached garages 80% of the total loan is deferred and forgiv- en after the 5 year loan term Fences Each year the owner-occupant(s) remains in Fireplaces unless posing a fire hazard the home, the loan is reduced by 20% The balance of the loan amount becomes due if Landscaping the owner-occupant sells, transfers, or rents Additions the home before the 5 year period has con- cluded Drywall/ceiling repair Property taxes, home insurance, and the Cosmetic Updates mortgage must be current and maintained during the five (5) year deferment Households may only participate in this A mortgage lien will be placed on the prop- program one (1) time. erty until the deferment period has been exhausted .

View Full Text

Details

  • File Type
    pdf
  • Upload Time
    -
  • Content Languages
    English
  • Upload User
    Anonymous/Not logged-in
  • File Pages
    2 Page
  • File Size
    -

Download

Channel Download Status
Express Download Enable

Copyright

We respect the copyrights and intellectual property rights of all users. All uploaded documents are either original works of the uploader or authorized works of the rightful owners.

  • Not to be reproduced or distributed without explicit permission.
  • Not used for commercial purposes outside of approved use cases.
  • Not used to infringe on the rights of the original creators.
  • If you believe any content infringes your copyright, please contact us immediately.

Support

For help with questions, suggestions, or problems, please contact us