Upon acceptance of a bid, City staff administers a contract between the homeowner and the contractor, offering technical assistance and project management for the life of the project. Items which may be addressed during the rehabilitation include plumbing, electrical, and mechanical systems, roofing, and items relating to maintaining proper health, safety, and sanitation of the occupants. This means that the owner pay nothing for the cost of the repairs unless they sell the property within the four years of the mortgage. If they do sell the property within that four years the property owner will owe a pro-rated portion of the cost of the rehabilitation. The Emergency Repair Deferred Payment Loan Program is designed to address an area of urgent need which directly affects the immediate health, safety, or sanitation of the occupants of the structure and cannot wait for an applicant's name to be reached on the Rehabilitation Waiting List.
Typical projects are replacement of the roof, heating system, water heater, sewer line, etc.
These projects may be either owner-occupied or rental properties. If the property is rental, the tenant must be willing to sign a promissory note which ensures that he or she will remain in the structure a period of one year. The owner must also sign a four year deferred payment mortgage which ensures that the modification will remain in place even if the tenant moves. Typical projects include ramps, widening of doorways, and installation or grab bars and hand rails. There is no cost of the rehabilitation work done to your home as long as you abide by the terms of the Deferred Payment Mortgage.