{"id":212,"date":"2017-07-03T06:17:25","date_gmt":"2017-07-03T06:17:25","guid":{"rendered":"https:\/\/www.racinehousingloans.com\/?page_id=212"},"modified":"2024-04-09T11:31:04","modified_gmt":"2024-04-09T16:31:04","slug":"homeowner-repair-loans","status":"publish","type":"page","link":"https:\/\/www.racinehousingloans.com\/homeowner-repair-loans\/","title":{"rendered":"Homeowner Repair Loans"},"content":{"rendered":"
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row column_structure=”1_3,1_3,1_3″ _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_image src=”https:\/\/www.racinehousingloans.com\/wp-content\/uploads\/2017\/06\/img-3.jpg” alt=”Repair image” title_text=”img-3″ align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”4.21.0″ animation_style=”slide” animation_direction=”left” animation_duration=”500ms” animation_intensity_slide=”10%” border_width_all=”0px” border_color_all=”#007bbf” border_style_all=”solid” animation=”left” sticky=”off” use_border_color=”on” border_color=”#007bbf” border_style=”solid” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_image src=”https:\/\/www.racinehousingloans.com\/wp-content\/uploads\/2024\/03\/Home-repair.jpg” alt=”Repair image” title_text=”Home-repair” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”4.21.0″ animation_style=”slide” animation_direction=”left” animation_duration=”500ms” animation_intensity_slide=”10%” border_width_all=”0px” border_color_all=”#007bbf” border_style_all=”solid” animation=”left” sticky=”off” use_border_color=”on” border_color=”#007bbf” border_style=”solid” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_image src=”https:\/\/www.racinehousingloans.com\/wp-content\/uploads\/2017\/06\/Roof-repair.jpg” alt=”Roof-repair” title_text=”Roof-repair” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”4.21.0″ animation_style=”slide” animation_direction=”left” animation_duration=”500ms” animation_intensity_slide=”10%” border_width_all=”0px” border_color_all=”#007bbf” border_style_all=”solid” animation=”left” sticky=”off” use_border_color=”on” border_color=”#007bbf” border_style=”solid” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text-Heading” _builder_version=”4.16″ text_font=”Roboto|on|||” text_text_color=”#007bbf” text_font_size=”35″ text_line_height=”1.2em” header_font=”Roboto||||” header_text_color=”#007bbf” header_font_size=”40px” background_size=”initial” background_position=”top_left” background_repeat=”repeat” module_alignment=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][et_pb_text admin_label=”Text-Content” _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” module_alignment=”left” global_colors_info=”{}”][\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”|||0px||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” module_alignment=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]<\/p>\n
Many homeowners within Racine qualify for a homeowner repair loan.<\/p>\n
To qualify for a loan with the City of Racine, homeowners must be:
\n[\/et_pb_text][et_pb_blurb use_icon=”on” font_icon=”R||divi||400″ icon_color=”#007bbf” icon_placement=”left” image_icon_width=”20px” _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”||0px|0px||” animation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” icon_font_size=”20px” global_colors_info=”{}”]<\/p>\n
Current with mortgage payments.<\/p>\n
[\/et_pb_blurb][et_pb_blurb use_icon=”on” font_icon=”R||divi||400″ icon_color=”#007bbf” icon_placement=”left” image_icon_width=”20px” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”|||0px||” animation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” icon_font_size=”20px” global_colors_info=”{}”]<\/p>\n
Current with property taxes.<\/p>\n
[\/et_pb_blurb][et_pb_blurb use_icon=”on” font_icon=”R||divi||400″ icon_color=”#007bbf” icon_placement=”left” image_icon_width=”20px” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”|||0px||” animation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” icon_font_size=”20px” global_colors_info=”{}”]<\/p>\n
Have valid current property insurance.<\/p>\n
[\/et_pb_blurb][et_pb_blurb use_icon=”on” font_icon=”R||divi||400″ icon_color=”#007bbf” icon_placement=”left” image_icon_width=”20px” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” animation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” icon_font_size=”20px” global_colors_info=”{}”]<\/p>\n
Property is within the City of Racine city limits. (Other county residents are not eligible.)<\/p>\n
[\/et_pb_blurb][et_pb_blurb use_icon=”on” font_icon=”R||divi||400″ icon_color=”#007bbf” icon_placement=”left” image_icon_width=”20px” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” animation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” icon_font_size=”20px” global_colors_info=”{}”]<\/p>\n
Within annual published HUD household income guidelines.<\/p>\n
[\/et_pb_blurb][et_pb_blurb use_icon=”on” font_icon=”R||divi||400″ icon_color=”#007bbf” icon_placement=”left” image_icon_width=”20px” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” animation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” icon_font_size=”20px” global_colors_info=”{}”]In agreement with program funding rules.
\n[\/et_pb_blurb][et_pb_blurb use_icon=”on” font_icon=”R||divi||400″ icon_color=”#007bbf” icon_placement=”left” image_icon_width=”20px” _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” animation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” icon_font_size=”20px” global_colors_info=”{}”]<\/p>\n
To be eligible for the Housing Repair Program your income must fall within the appropriate household size.\u00a0All household income will be verified using the last 3 years of tax returns, wage stubs, etc.<\/p>\n
[\/et_pb_blurb][et_pb_text _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” module_alignment=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]<\/p>\n
HOUSEHOLD SIZE<\/td>\n | 1 person<\/td>\n | 2 persons<\/td>\n | 3 persons<\/td>\n | 4 persons<\/td>\n | 5 persons<\/td>\n | 6 persons<\/td>\n<\/tr>\n |
30% Income<\/td>\n | $20,450<\/td>\n | $23,400<\/td>\n | $26,300<\/td>\n | $31,200<\/td>\n | $36,580<\/td>\n | $41,960<\/td>\n<\/tr>\n |
50% Income<\/td>\n | $34,100<\/td>\n | $38,950<\/td>\n | $43,800<\/td>\n | $48,650<\/td>\n | $52,550<\/td>\n | $56,450<\/td>\n<\/tr>\n |
80% Income<\/td>\n | $54,500<\/td>\n | $62,300<\/td>\n | $70,100<\/td>\n | $77,850<\/td>\n | $84,100<\/td>\n | $90,350<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nIncome updated per HUD: April 9, 2024<\/em><\/h6>\n |