The City of Culver City has been helping Homeowners and Rental Property Owners preserve the beauty and charm of their properties since 1977. No payments are made during the first five years of the loan.
Loans are due and payable in full after five years.
If you are over 62 years old, the loan is paid off when property is sold or title is transferred. Exterior Grant You may be eligible for a grant for exterior improvements and repairs. A property owner participating in the grant program must sign an agreement that rent increases will not be given to tenants in the first year after the improvements have been completed. If you need to remove a lead hazard from your rental , the Neighborhood Preservation Program may be able to help defray some of the cost.