Home Improvement and Home Ownership Assistance

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