Homeowner Rehabilitation Loans

The Rehabilitation Loan Program strives to sustain the quality of life in our community, provide an affordable housing rehabilitation option to low and moderate income households, preserve the existing housing stock in our neighborhoods, and provide employment opportunities for local contractors. The residences must be occupied by owner households with incomes at or below 80% of the median income. 

The Rehabilitation Loan Program is available to homeowners who live in the Cities of Grandview, Mabton, Sunnyside, Toppenish, Union Gap, Wapato, and unincorporated Yakima County. A waiting list is currently being established for the Cities of Harrah and Zillah. 

The low-interest loans are funded by local and federal programs. 

Eligibility

  
  • Your property value cannot exceed the Estimated Post Rehabilitation Market Value (EPRMV)  of $139,650
  • You must qualify based on household income and number of household members and total household income
  • Your property taxes and mortgage must be paid current
  • You must have sufficient equity in the home to cover the cost of the repairs
  • Property condition and usage must fully comply with local zoning and nuisance ordinances.

Eligible Repairs

 

   
The Rehabilitation Loan Program is designed to address immediate health, safety and structural deficiencies.  Final determination of Scope of Work will be made by HOME Consortium staff and homeowners.    
  • Accessibility needs and modifications as part of the overall rehabilitation
  • Appliances, if existing ones are nonfunctional, inefficient or in very poor condition
  • Bathroom repair
  • Brick or masonry repair
  • Chimney repair
  • Door and window repair or replacement (if in poor condition)
  • Driveway or walkway repair
  • Electrical upgrades
  • Floor repair and covering
  • Foundation repair or replacement
  • Furnace/boiler repair or replacement
  • Gutter cleaning, repair, or replacement
  • Hazardous materials abatement
  • Hot water heater repair or replacement
  • Kitchen repair
  • Paint, interior and exterior
  • Plumbing repair
  • Porch repair or replacement
  • Retaining wall repair (for code violations, or if hazardous)
  • Roof repair or replacement
  • Sewer repair
  • Siding (if in poor condition)
  • Structural repair
  • Water line repair or replacement

Loan Terms

Currently being revised. Check back for updates on November 1, 2015.

Loan(s) Approval Order: Loans shall be approved based on the project/s prior compliance with all applicable requirements set forth in the Rehabilitation Policy Plan, and based on the following: 

a.     Application requirements, the associated property, property-related title and legal issues, the respective developed Scopes, and all other elements of the projects must meet the requirements set forth in the Policy Plan prior to loan approval.

b.     Applications and the respective developed projects must meet the funding limitations, and funding commitment and expenditure requirements of the Yakima County HOME Consortium.