Housing Rehabilitation Program
With the use of Federal dollars through the Community Development Block Grant
Program, the City of Farmington Hills has a Housing Rehabilitation Program which
allows eligible homeowners to upgrade and improve existing homes in the City.
Deferred loans are available to owner-occupied single-family homes, with one
payment
due upon the sale of the property.
What Home Improvements Can Be Made?
Any home repair that will bring the home up to code is eligible for a home
improvement
loan.
Examples include, but are not limited to:
- New electrical, heating or plumbing installations
- Siding
- Hot water tanks
- Roofs/gutters
- Sewer/water hook up
- Furnaces
- Replacement windows
- Weather-stripping/insulation
The Program will finance building materials should the applicant choose to do
the work
themselves.
How Does the Loan Program Work?
- Call the Farmington Hills Community Development Office for information and
application at (248)871-2543.
- Submit application with:
- Proof of ownership (deed or mortgage)
- Income tax returns – both State and Federal returns for the last two years
- Proof of homeowner insurance
- The application, a preliminary building survey, income tax verification and
other
information will be reviewed by the Housing Rehabilitation Loan Board. The
application will then be either approved or denied.
- A Housing Rehabilitation Specialist obtains three bids for the approved work
from licensed approved contractors. Bids are reviewed for approval by the
Rehabilitation Loan Board.
- Once the home improvement is completed, a lien is placed on the property for
the
amount of the loan.
Who is Eligible?
- You may qualify for home improvement assistance if:
- You own and occupy a home in Farmington Hills (mortgage or land contract).
- Your taxes are paid up-to-date.
- Your household income does not exceed the Federal guidelines.
| Family Size* |
Gross Family
Income* |
| 1 |
Cannot exceed
$39,750 |
| 2 |
Cannot exceed
$45,450 |
| 3 |
Cannot exceed
$51,100 |
| 4 |
Cannot exceed
$56,800 |
| 5 |
Cannot exceed
$61,350 |
| 6 |
Cannot exceed
$65,900 |
| 7 |
Cannot exceed
$70,450 |
| 8 |
Cannot exceed
$75,000 |
*Income levels subject to change.
Limits and Terms of Loans
- The maximum loan is $18,000.
- A lien will be placed on the property in the amount of the loan.
- Deferred loans require one payment upon the sale of the property.
- The interest rate is 0%.
- The loan amount is determined by the Loan Board based on competitive bids.
Other Loan Programs Available
The Michigan State Housing Development Authority (MSHDA) and Oakland Livingston Human Service Agency (OLHSA) also have home improvement programs.
Applications and Further Information
For further information on how to obtain a low interest home improvement loan,
call the
Farmington Hills Community Development Office at (248)871-2543.
City of Farmington Hills
Housing Rehabilitation Program
31555 West Eleven Mile Road
Farmington Hills, Michigan 48336
(248)871-2543
