How does the Homeowner Rehabilitation Loan Program work?
The Homeowner Rehabilitation Loan Program provides low to moderate income homeowners with financial and related technical assistance for the rehabilitation of their property. Loans are 0% interest and payment is deferred until time of sale, transfer, or lease of property. Loans are placed as a lien against the property. In order to qualify, the applicant must own a home in the City of Appleton, the property must be owner-occupied, the applicant must meet the income and asset limits for the program and there must be enough equity in the home to cover the loan. Applications are generally accepted once a year. The application process is posted in the AppleSource Newsletter. For more information on this program, visit the Homeowner Rehabilitation Loan Program.