The town is seeking qualified applicants to participate in its zero percent interest housing rehabilitation loan program.
Eligible improvements include, but are not limited to, roofs, furnaces, hot water heaters, windows, doors, septic, electrical, plumbing and ADA modifications.
The program, awarded by the state Department of Housing and Urban Developments, allows eligible residents to make needed health and safety improvements to their homes with zero percent interest payment-deferred loans.
There are still funds available to serve local families and residents. The program requires no out-of-pocket costs and the loans are not required to be paid back until the home changes title.
To qualify for the loan, property owners must satisfy the following criteria: homeowners must have at least 10 percent equity in their home, be tax current and have an income not exceeding HUD’s income limits for Southbury. HUD’s income for single person household is $46,000 and $65,700 for a family of four.
Residents are urged to take advantage of the town resource before time runs out.
Those seeing additional information or applications may call Housing Rehab Consultants, Lisa Low & Associates at 203-888-5624 or email email@example.com.