The purpose is to provide funding for income eligible persons to do improvements to conserve energy and to preserve the housing stock within the City of Eau Claire.
Loans are subject to the availability of funds.
For owner-occupied units, there are deferred loans and installment loans. There are also weatherization grants and lead paint remediation grants available. The owner would be required to rent to income eligible families for four years. The owner of an owner-occupied unit must have an annual income that does not exceed income limits set by the U.S. Department of Housing and Urban Development. There should be sufficient equity in the property to cover the amount of the loan.