| |  |  |  Housing Rehabilitation Division
Low-cost loans are available to repair homes and apartment buildings. These loans can be used to correct building/property deficiencies or other conditions which, if not corrected, will soon become a deficiency.
This program provides low cost loans, up to $35,000, to qualified applicants at a fixed rate of 3% for owner-occupants of one- to four-dwelling units on a lot.
For more information regarding the Homeowner Rehabilitation Loan Program, please contact the Housing Rehabilitation Team at (562) 570-6017.
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Household Size
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Income Limit (up to)
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1
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$47,850
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2
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$54,650
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3
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$61,500
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4
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$68,300
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5
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$73,800
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6
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$79,250
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7
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$84,700
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8
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$90,200
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HUD Income Limits as of 6/28/2011
This program provides low-cost loans, with no maximum loan amount, available to qualified applicants at 0% interest with a 20-year loan term for owners of rental units of two or more on a lot.
For more information regarding the Multi-Family Residential Rehabilitation Loan Program please contact the Housing Rehabilitation Team at (562) 570-6040.
The Programs described above are funded by the U.S. Department of Housing and Urban Development (HUD) and are subject to annual Congressional appropriations and to regulations adopted and periodically revised by HUD. They are also subject to City rules and regulations.
The City of Long Beach is an equal housing opportunity lender.
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