WebRestore, Repair, Renew is an initiative of the City of Philadelphia to help Philadelphia homeowners access low-interest loans to invest in their properties. Lenders participating … WebThe City of Philadelphia wants you to be a successful homeowner! We are offering a homebuyer assistance grant of up to $10,000 (or 6% of the home’s purchase price, whichever is lower) to assist first-time homebuyers reduce the principal, cover down payment and loan closing costs.

Homeownership Philadelphia Housing Authority

WebJan 26, 2024 · This PHDC loan is meant to help Philly homeowners pay for repairs at a low-interest rate. Credits can range between $2,500 to $50,000, with a 3% fixed annual interest, expected to be paid within 10 years. As part of the program, folks will get help with financial counseling, loan application, and finding a contractor. WebEligibility for repair assistance considers the applicant's age, household income, and Total Debt (TD) ratio. To qualify for a grant, the applicant must be 62 or older. Income-Based … protelly standerton

Homeownership Philadelphia Housing Authority

WebNov 22, 2024 · Money for home repairs and weatherization will be targeted to low-income homeowners and small landlords. Grants of up to $50,000 will be available for homeowners making up to 80% of the area median income, which is about $76,000 for a household of three in the Philadelphia region. Small landlords are eligible for loans of up to $50,000 per ... WebOct 13, 2024 · Home Repair: Financial assistance to homeowners to repair disaster-caused damage to their primary residence, when the damage is not covered by insurance, to make the home safe, sanitary, and fit to occupy. This assistance may include funds for hazard mitigation measures, such as roof, furnace, water heater, or main electrical panel … WebJul 8, 2024 · Individual homeowners will be eligible for a grant of up to $50,000, and landlords can get a repayable loan for up to that same amount. Homeowners are eligible … resistor radial 10r 5w 130 graus