[et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_fullwidth_slider _builder_version=”4.16″ custom_padding=”|||” custom_padding_tablet=”|||” custom_padding_phone=”|||” box_shadow_style=”preset6″ box_shadow_blur=”10px” box_shadow_color=”rgba(0,0,0,0.1)” remove_inner_shadow=”off” hide_content_on_mobile=”off” hide_cta_on_mobile=”off” show_inner_shadow=”on” button_letter_spacing_hover=”0″ global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”on” button_letter_spacing__hover=”0″ button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][et_pb_slide heading=”Landlords” use_bg_overlay=”off” use_text_overlay=”off” _builder_version=”4.16″ header_font=”|on|||” header_font_size=”40″ body_font=”||||” background_color=”#ffffff” background_image=”https:\/\/www.racinehousingloans.com\/wp-content\/uploads\/2017\/07\/landlords-banner.jpg” button_icon_placement=”right” button_on_hover=”on” header_font_size_tablet=”40″ header_font_size_phone=”40″ global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off” sticky_transition=”on”] [\/et_pb_slide][\/et_pb_fullwidth_slider][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][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 _builder_version=”4.16″ text_font=”Roboto|on|||” text_text_color=”#007bbf” text_font_size=”35″ text_line_height=”1.2em” header_text_color=”#007bbf” header_font_size=”40px” header_line_height=”1.3em” 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 _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” module_alignment=”left” global_colors_info=”{}”]The City of Racine offers repair loans to landlords with rental properties within city boundaries to help repair health and safety issues for tenants and improve the city\u2019s housing stock.<\/p>\n
Loans are available from $3,000-$50,000 per property for renovation work that meets City and State codes and home rehabilitation standards.<\/p>\n
Landlords must submit the loan application to the City of Racine Housing Repair Program. Tenants may not submit an application on behalf of a landlord.
\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][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\/07\/City-of-Racine-Landloard-loan-program.jpg” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”4.16″ animation_style=”slide” animation_direction=”left” animation_duration=”500ms” animation_intensity_slide=”10%” border_width_all=”0px” border_color_all=”#0c71c3″ border_style_all=”solid” use_border_color=”on” border_color=”#0c71c3″ border_style=”solid” animation=”left” sticky=”off” always_center_on_mobile=”on” 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\/07\/Landloards.jpg” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”4.16″ animation_style=”slide” animation_direction=”left” animation_duration=”500ms” animation_intensity_slide=”10%” border_width_all=”0px” border_color_all=”#0c71c3″ border_style_all=”solid” use_border_color=”on” border_color=”#0c71c3″ border_style=”solid” animation=”left” sticky=”off” always_center_on_mobile=”on” 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\/07\/landloards-racine-wil.jpg” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”4.16″ animation_style=”slide” animation_direction=”left” animation_duration=”500ms” animation_intensity_slide=”10%” border_width_all=”0px” border_color_all=”#0c71c3″ border_style_all=”solid” use_border_color=”on” border_color=”#0c71c3″ border_style=”solid” animation=”left” sticky=”off” always_center_on_mobile=”on” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row padding_mobile=”off” column_padding_mobile=”on” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”20px|||” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_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
To qualify, rental properties 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=”4.16″ 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=”{}”]Located within the City of Racine city limits. (Other county properties are not eligible.)
\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=”{}”]Current on property taxes, mortgage payments, and insurance
\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=”{}”]Leased to income-eligible tenants
\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=”{}”]Within income guidelines for the household.
\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
Four (4) units or less<\/p>\n
[\/et_pb_blurb][et_pb_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=”{}”]If you qualify, an experienced Housing Technician will help you finalize the scope of work, solicit bids, and select a contractor.\u00a0 To qualify for a loan with the City of Racine, property owners and\/or the property must be:
\n[\/et_pb_text][et_pb_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
In buildings with both residential and commercial units (mixed-use properties), loan funds may only be used on residential unit repairs.\u00a0 For projects that involve shared space or common use, such as roof repairs, funds will be prorated on a case by case basis.<\/p>\n
There is a $500 application fee for rental property loans.<\/p>\n
Landlords must also contribute 25% of the total cost to the project.<\/p>\n
If you\u2019re unsure if you qualify, fill out a request to Get Started or call the Department of City Development at 262-636-9197.<\/p>\n
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Landlords The City of Racine offers repair loans to landlords with rental properties within city boundaries to help repair health and safety issues for tenants and improve the city\u2019s housing stock. Loans are available from $3,000-$50,000 per property for renovation work that meets City and State codes and home rehabilitation standards. Landlords must submit the […]<\/p>\n","protected":false},"author":3,"featured_media":535,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"yoast_head":"\n