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Does your plumbing leak? If so, one of our loans could help you live in a safer, healthier home. The Office of Housing's Home Repair Loan Program provides loans to repair owner-occupied, single family homes with low- to moderate-income households. The program is designed to address immediate health, safety and structural deficiencies. The loans are funded by local and federal programs which prioritize health and safety repairs. Homeowners are given as much flexibility as possible, but work items which threaten the health of the occupants or the integrity of the structure must be corrected before other work is started. Our staff will assist you in understanding these priorities and making your project work for you. For a pre-screening to see if you qualify, please call (206) 684-0458 or email HomeRepairLoan@seattle.gov. More details are offered below: The loans start at $3,000. For households earning 50% of area median income or less, loans will have 0% interest. For households earning between 51% and 80% of area median income, loans will have 3% interest. See income limits below. Eligibility is based upon the number of household members and total household income. The 2011 limits for maximum monthly income* for home repair loans:
* Total gross income of household, before taxes and deductions; figures are updated annually. Eligible Home Repairs & Improvements Include: The home repair loan program is designed to address immediate health, safety and structural deficiencies. Other improvements that must be completed to address the identified health, safety and structural deficiencies or result from a health, safety or structural deficiency will be considered on a case by case basis. The following is a partial list of issues that may present an immediate health, safety or structural issue. This list is not intended to be exhaustive. Final determination of improvements will be made by the rehabilitation specialist in consultation with the homeownership program manager.
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