Home Improvement & Ownership Loans

SECIA has made Neighborhood Revitalization Program (NRP) funds available to property owners of the Southeast Como neighborhood to make improvements to their properties.

Low Interest Loan
  • 3-4% APR (based on household AMI)
  • Loan amounts from $1,500-$15,000
  • No maximum income limit
  • Terms up to 10 years
  • Closing costs apply
  • Eligible improvements include most interior and exterior maintenance
Purchase Assistance Loan
  • 0% APR
  • Loan amounts from $5,000
  • No income limits
  • 100% forgiven if borrower remains in the home for 15 years
  • To ensure funding, application must be received at least 4 weeks prior to closing
Emergency Deferred Loan
  • 0% APR
  • Loan amounts from $1,000-$7,500
  • Income limit of 80% are medium income (AMI)
  • The differed loan is 100% due if the property ownership changes for a time period of 15 years whichever comes first
Senior Emergency Grant
  • 0% APR
  • Loan amounts from $1,000-$7,500
  • Income limit of 80% are medium income (AMI)
  • At least one of the recipients must be 62 years of age or older