Housing Rehabilitation

Low-cost Rehabilitation Loans Available to Repair Homes and Apartment Buildings

Low-cost loans are available to correct building/property deficiencies or other conditions, which if not corrected, will soon become a deficiency.
LOW-INCOME HOME OWNER RESIDENTIAL REHABILITATION LOAN PROGRAM provides low cost loans, up to $35,000, available to qualified applicants at a fixed rate of 3% for owner-occupants of one- to four-dwelling units on a lot.

For more information regarding the Homeowner Rehabilitation Loan Program please contact at (562) 570-6017.

Household Size
Income Limit
1 $42,450
2 $48,500
3 $54,600
4 $60,650
5 $65,500
6 $70,350
7 $75,200
8 $80,050
 

429 Almond before

429 Almond after


MULTI-FAMILY RESIDENTIAL REHABILITATION LOAN PROGRAM provides low-cost loans, with no maximum loan amount, available to qualified applicants at 0% interest with a 20-year loan term for owners of rental units of two or more on a lot.

For more information regarding the Multi-Family Residential Rehabilitation Loan Program please contact Marie Nguyen at (562) 570-6040 or by email at manguye@longbeach.gov.

Grisham Community before
 

Grisham Community after
 


View Foreclosure Prevention Seminar video.


View Full Episodes of "Inside Long Beach" by clicking here.




Links
  •  
  • U.S. Department of Housing and Urban Development (HUD)
  •  
  • Fannie Mae
  •  
  • Freddie Mac
  •  
  • Mortgage Credit Certificate (MCC)
  •  
  • California Housing Finance Agency (CalHFA) Loan Programs
  •  
  • Veteran’s Administration (VA) Home Loan Program
  •  
  • Operation Hope