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How does the Homeowner Rehabilitation Loan Program work?

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How does the Homeowner Rehabilitation Loan Program work?

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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.

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