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Help on home repair projects for low-income residents

Help on home repair projects for low-income residents

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.

The 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 $58,450 for a resident living alone, and $83,500 for a household of four. (Income limits adjust based on household size.) Other restrictions apply.

Hundreds of Lakewood residents have successfully used the program to make needed repairs they otherwise would not have been able to afford. Often times it is a senior living alone on a low, fixed income. Other times it is a family struggling economically. 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.

The larger loans can help with improvements such as:

• Roofing or flooring repair or replacement
• Electrical or plumbing upgrades
• Kitchen or bathroom remodeling
• Fumigation or repair of termite damage
• HVAC repair or installation
• Stucco, door or window repair or replacement
• Exterior or interior painting

The smaller grants can help with exterior painting and minor repairs to windows, doors and stucco.

The program is designed to help low-income homeowners make needed repairs to their homes and to maintain and improve the look of Lakewood neighborhoods. It uses federal and other funds earmarked specifically to help low-income residents.

For more information, call Lakewood City Hall at 562-866-9771, extension 2320 or go to www.lakewoodcity.org/HomeRehabProgram.