Other restrictions may apply. Eligible repairs include those required to bring the dwelling up to a defined minimum level of health and safety. The quality of the repairs should extend the useful life of the dwelling for at least 15 years. Repairs carried out before the loan is approved are not eligible for RRAP funding. The Residential Rehabilitation Assistance Program Landlords and homeowners may also be eligible for assistance to improve accessibility for persons with disabilities.
Funds are also available to low-income homeowners who wish to make major repairs to their dwellings.
In some jurisdictions, the province and territories share the cost of the program with federal government and may be delivering the program. Financial Assistance sources for Home Adaptation in the USA E-Z Access Loan Program offered by the Amalgamated Bank targets businesses that are seeking to comply with requirements of the ADA and individuals with disabilities. Requires that the veteran has been hospitalized within 1 year of the application date and accessibility adaptations are medically necessary. This program covers modifications to a home through a SSI saving plan. Two loan guarantee programs can provide direct loans with low interest rates, higher than normal debt ratio, extended terms, and low down payments or financed closing costs.