CDBG Homeowner

Homeowner Rehabilitation

Helping Adams, Green Lake, Juneau, Marathon, Marquette, Portage, Waupaca, Waushara and Wood Counties
This is a program for ensuring the community's ability to conserve, rehabilitate and improve residential properties occupied by low-to-moderate (LMI) residents

Eligibility Requirements

  • Owner-occupied or land contract buyer three months prior to applying. Contract must be written, legally binding and properly recorded. Contract seller we be required to sign mortgage
  • All occupants directly benefiting from the Community Development Block Grant (CDBG) housing rehabilitation program must be at or below the appropriate Section 8 income limit for their county
  • Include all sources of gross income and income from assets for all household members who are at least 18 years of age
  • Property taxes paid to date
  • Mortgage must be current
  • All mortgages, judgments and liens in addition to the rehab cost cannot exceed 120% of the Fair Market Value of the property
  • Property must be insured
Eligible Rehab ActivitiesRepairs that bring the unit to decent, safe and sanitary condition using HQS Inspection/Evaluation of property
Examples include but are not limited to:

  • Roofs
  • Siding
  • Windows
  • Plumbing
  • Electric
  • Septic
  • Well
Ineligible Rehab Activities
  • Properties scheduled for sale, acquisition or condemned properties
  • Mobile homes in a mobile home park (applicant must own land to be eligible)
  • Reimbursement for work which has been contracted for or completed prior to signing agreement with the CDBG program
  • Accessory buildings, garages or sheds
  • New construction or expansion of the size of the structure

Homeowner Rehabilitation LoansOwner-Occupied loans provide no-interest with deferred payment home repair loans for LMI owner occupants.

Rental Unit loans provide 1.5% interest loans for repairing units rented to LMI tenants and/or creating new low or moderate income rental units by:

  • converting vacant properties into rental units and/or
  • converting large single-family homes into duplexes
Please note: All CDBG loans shall be subject to a $50,000 maximum

After Rehab InformationIf there is a request to subordinate loans, each request will be subject to the following criteria as agreed upon by the Central Housing Region Committee:

  • No additional debt can be incurred to the property
  • There would be a savings due to a lower interest rate being offered to the borrower
  • There would be better terms offered by the bank refinancing the debt