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2004-03-16_Agenda
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2004-03-16_Agenda
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4/10/2015 10:44:43 AM
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Commission/Committee
Commission/Authority Name
Housing Redevelopment Authority
Commission/Committee - Document Type
Agenda/Packet
Commission/Committee - Meeting Date
3/16/2004
Commission/Committee - Meeting Type
Regular
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Date: <br />Owner-Occupied Revolving Loan Program <br />Program Description: <br />To provide 4% low interest home improvement loans to eligible Roseville residents. The maximum loan <br />amount is $10,000 per household. The maximum loan term shall be 7 years. Generally the loan term will be one year per every <br />$1,000 borrowed. <br />Eligible Properties: <br /> Includes all single-family and duplex owner-occupied properties that are located in the City of Roseville. <br />Owner-occupants of townhouses and condominiums will also be eligible. <br />Eligible Improvements: <br /> Interior and exterior improvements are eligible including repair, replacement or new construction of decks, <br />porches, retaining walls, skylights, garages, landscaping and fences. Contractors must be licensed in the City of Roseville and permits <br />must be obtained for all work when required by city ordinance. <br />Ineligible Improvements <br />: Include but are not limited to recreation or luxury projects such as pools, playground equipment, saunas <br />or whirlpools. Funds for working capital, debt service or refinancing existing debts are also considered ineligible. <br />APPLICATION <br />Name: <br />Address: <br />Home Phone #: Work Phone #: <br />Type of property: Single FamilyDuplexTownhouse or Condominium <br />Describe all the proposed work to be done (please attach a separate sheet if necessary) Note that work <br />must conform to eligible improvements described above. <br />YesNo Sweat equity* Do you intend to do any of the work yourself? <br />* <br />See program guidelines for eligibility requirements. All sweat equity applicants must be approved by GMMHC. <br />Estimated cost for improvements: $ <br />
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