0%-interest loans to help make homes safe.
 
The Home Rehabilitation Loan Program helps homeowners finance home repairs to bring homes up to code. Austinites making a low-income and without the funds to make required home repairs may be eligible. The 0% interest repair loans range from $15,000 to $75,000.
 

The Home Rehabilitation Loan is to be used for:

  • Repairs to the foundation, roof, plumbing, HVAC, windows, and electrical
  • Major interior and exterior repairs
  • Complete rehabilitation of home, reconstruction if needed
  • Deferred 0% loan, terms up to 20 years, partially forgiven.

Eligibility Requirements

  • The home is within the Austin city limits
  • The home is a single-family detached home. It must be the primary residence of the applicant.
  • The applicant must own the property. Owner has clear title on the property, and ownership is in his/her name
  • Applicant has not been discharged from bankruptcy less than two years of application date
  • Austinites must have a gross annual income at/below 80% Median Family Income (MFI). The table below shows the income limits by the number of persons living in the home.

How the Home Rehabilitation Loan Program Works

No monthly payments are required but a lien is put against the home. The home must remain the primary residence of the homeowner for the entire term of the loan. If the owners choose to sell or rent the home, transfer title, refinance or draw an equity loan within 15 years of the loan, the amount owed on the loan comes due.
 
If it is necessary to demolish and replace the home, owners may be eligible for a 0% interest repair loan up to $130,000 for a term of 20 years, with a 25% shared equity lien on the home for an additional 10 years.

 

Application Process

1. If you are eligible, fill out the Home Repair ApplicationSolicitud Para el Programa Reparaciones del Hogar)

2. Submit application with required documentation.

  

Call 512-974-3100, 311, or email hpdcs@austintexas.gov with questions.

For a checklist of other programs and resources that are available, go to the Austin Is My Home page.