Am I limited to how the Housing Rehabilitation loan funds may be used?

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.

Show All Answers

1. What is the Housing Rehabilitation Loan Program?
2. Who is eligible for a Housing Rehabilitation loan?
3. Are mobile homes eligible for the Rehabilitation Loan Program?
4. What are the income limits for a Housing Rehabilitation loan?
5. Am I limited to how the Housing Rehabilitation loan funds may be used?
6. What is the interest rate for a Housing Rehabilitation loan?
7. What are the amounts and terms of the Housing Rehabilitation loan?
8. How are the terms and rates for a Housing Rehabilitation loan possible?
9. Are there any fees for a Housing Rehabilitation loan?
10. How do I choose a contractor for a Housing Rehabilitation loan?
11. How long does it take to get approved for a Housing Rehabilitation loan?
12. What is the Homestead Opportunity Loan Program?
13. Who is eligible for a Homestead Opportunity Loan?
14. Am I limited to how the Homestead Opportunity loan funds may be used?
15. What is the interest rate and term for a Homestead Opportunity loan?
16. How are the Homestead Opportunity loan terms and rates possible?
17. Are there any fees for a Homestead Opportunity loan?
18. How do I choose a lender for a conventional mortgage?
19. How do I sign up for the Fox River Flood Mitigation (Buyout) Program?
20. Will the County make me sell my Fox River floodplain house under the Fox River Flood Mitigation Program?
21. Does the County have money to buy my Fox River floodplain house under the Fox River Flood Mitigation Program?
22. How much money will the County offer me for my Fox River floodplain house under the Fox River Flood Mitigation Program?
23. What other benefits can I receive if I participate in the Fox River Flood Mitigation Program?
24. How long does it take to get my home purchased under the Fox River Flood Mitigation Program?
25. Who provides Section 8 rental assistance for County residents?
26. Who can I contact regarding a landlord/tenant complaint?
27. How can a find an apartment I can afford?