GREAT NEIGHBORHOODS PROGRAM

Program Application

The City of Lawndale offers financial assistance for housing rehabilitation to single-family owner/occupied dwellings within the City limits that have not previously been assisted through other City funded Residential Rehabilitation Programs. The applicant/owner must be currently residing in the housing unit as a primary residence and shall reside in the residence for the duration of the loan. Eligible rehabilitation work for the programs, include items such as roofing, painting, plumbing, windows, and other general property improvements. All work must be completed in the following order:

  1. HUD Required Items and Health and Safety Items;
  2. Correction of Code and Building Violations; and
  3. Other General Property Improvements.

Critical Need Housing Grant, 100% Grant repayment is not necessary.

  • Qualifications - You must be the owner/occupant of the home and earn at 50% or below the area median income. (See Income Chart)

Home Improvement Deferred Loan, zero percent (0%) interest and no monthly payments.

a) Qualifications - You must be the owner/occupant of the home and earn between 51% - 80% of the area median income. (See Income Chart)
b) Repayment - Loans are amortized over 15 years with a proportional amount of principal forgiven each year of ownership. Any remaining loan balance (before 15 years has passed) is 100% repayable upon sale, transfer of title of the property, when the residence ceases to be the borrower's principal residence, or when the borrower refinances the property for cash-out.
c) Lien - The City will be filing a lien (Deed of Trust) against your property to secure the loan.

Home Improvement Repayable Loan, 3% interest rate with monthly payments.

a) Qualifications - You must be the owner/occupant of the home and earn between 81%-120% of the area median income. (See Income Chart)
b) Repayment - Loan funds are 100% repayable at a 3% interest rate (the estimated monthly payment for this loan at the $15,000 maximum is approximately $100.00 for 15 years).
c) Lien - The City will be filing a lien (Deed of Trust) against your property to secure the loan.

Home and Gardens Beautification Grant, 100% Grant repayment is not necessary.

a) Qualifications - You must be the owner/occupant of the home, earn between 81-120% of the area median income, and live within the Lawndale Economic Revitalization Area. Critical need grant and deferred loan recipients are not eligible.

MAXIMUM INCOME
All persons on TITLE and all persons 18 years of age and older residing in the residence are considered household members for the purposes of determining income eligibility. The combined GROSS annual income for ALL household members cannot exceed the applicable income shown in the following chart:

Household Size
Critical Need Grant
(50% of Area Median)
0% Interest
Deferred Loan
(80% of Area Median)
3% Interest
Repayable Loan
(120% of Area Median)
Home and
Gardens Grant
(120% of Area Median)
1
$20,850
$33,300
$46,250
$46,250
2
$23,800
$38,100
$52,900
$52,900
3
$26,800
$42,850
$59,500
$59,500
4
$29,750
$47,600
$66,100
$66,100
5
$32,150
$51,400
$71,400
$71,400
6
$34,500
$55,200
$76,700
$76,700
7
$36,900
$59,000
$81,950
$81,950
8
$39,250
$62,850
$87,250
$87,250
Based on 2004 Median Family Income for the Los Angeles ~ Long Beach Metropolitan Area is $55,100

 

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