Office of Housing offers home repair loans Office of Housing offers home repair loans ADVERTISING The county Office of Housing and Community Development is currently accepting applications for its Residential Emergency Repair Program (RERP). The RERP program was established in
Office of Housing offers home repair loans
The county Office of Housing and Community Development is currently accepting applications for its Residential Emergency Repair Program (RERP). The RERP program was established in 1997 to make low-interest loans available to low-and moderate-income homeowners who are interested in repairing and improving their primary residences.
The RERP loan can be used for roof repairs, electrical and plumbing work, sewer improvements, termite treatment and damages caused by termites or wood rot and the installation of a solar water heating system.
Loans range from $2,500 to $25,000 at 3 percent interest. Loan payments are deferred for 15 years, at which time full payment will be due. Applicants 62 years or older, or with special needs, may have 30 percent of the principal balance of the loan forgiven as a grant.
For more information or an application, please contact Dawnelle Forsythe at 961-8379 or ohcdloans@hawaiicounty.gov. Application packets can also be found on-line at http://www.hawaiicounty.gov/office-of-housing.
