Housing Rehabilitation Loans

CEDO offers two kinds of loans for the rehabilitation of residential properties:

Emergency Loans

• $3,000 - $5,000 low interest loans for emergency repairs to correct life-threatening safety code violations
• The property must be owner-occupied
• Homeowners must meet income guidelines

Homeowner Rehabilitation Loans

Property located in the Old North End Enterprise Community, King Street Neighborhood, and the Lakeside Neighborhood.  For property eligibility, click here to view a printable PDF version of the Housing Program Target Neighborhood Map. For the printable version, you will need Adobe Acrobat Reader.  If you do not have a current copy of this free software, you can download it now. Low interest loans for rehabilitation of properties in need of new systems and major repairs The property must be owner-occupied If the property has rental units, there will be restrictions on tenant incomes and the amount of rent charged for five years Homeowners and tenants must meet income guidelines

For more information, contact:

Todd Rawlings, Housing Program Coordinator
802·652-4209