Loan funds may only be used for permanent property improvements:
•To save energy, e.g. insulation, weatherstripping, a new heating system, etc.
•To correct health and safety code problems, e.g. new wiring, plumbing, etc.
•To improve livability, e.g. repairing floors and walls, replacing a roof, etc.
•To extend the economic or physical life of the housing unit, e.g. siding, painting, etc.
Loan funds may not be used to complete work already in progress, to pay off or refinance other loans, to create new living space, or finance certain ineligible activities as defined by the Housing Authority.