Home Rehabilitation Loan Program
One of our South Buffalo focused programs, Home Rehabilitation Loans are available to homeowners who need major repairs but can't pay for it right away.
This program is especially intended for major systems of the house (roof, heating, electrical, plumbing, etc.) and fixing code violations. Loan money will be used for code violations first, then major systems. It cannot be used for cosmetic projects such as putting in carpet or replacing linoleum tiles.
To apply, call our loan officer, Pamela Tait-Kwiatkowski at (716) 823-3630 x109.
Details
- You must earn less than 80% of area median income
- The building must be owner-occupied
- Loans can be up to $15,000
- Interest rates range from 1-5%
For full details on eligibility, click here.
Did you know?
This program is called a "revolving loan" because the loan payments all go right back into the loan fund and create the possibility for even more loans. So the money goes out and comes right back in, like a revolving door.
