Grants available to low-income residents for home repairs
Using special federal and other housing funds, the City of Lakewood administers a program that offers grants of up to $3,000 and interest-free, deferred-payment loans of up to $18,000 for low-income residents to repair and rehabilitate their homes.
To qualify, your home must be a single-family, owner-occupied dwelling in Lakewood. The family must meet the income limits set by the federal government, which are $66,250 for a resident living alone, and $94,600 for a household of four. (Income limits adjust based on household size.) Other restrictions apply.
The smaller $3,000 grants never need to be paid back. The larger loans only need to be paid back when the house is sold or refinanced or the title is transferred.
For information on the type of improvements covered by the program and how to qualify, call City Hall at 562-866-9771, extension 2320 or go to www.lakewoodcity.org/HomeRehabProgram.