Attention Burbank Homeowners. Did you know the City of Burbank has deferred loans/grants available to help you complete home improvements? I am pleased to post some of the key features and income requirements to qualify for this program.
If you are in need of making improvements such as new plumbing, roofing, heating, painting, rewiring, and other repairs to make your residence safe, healthier and more livable, please contact:
CITY OF BURBANK
REDEVELOPMENT AGENCY
275 E. Olive Ave
Burbank, CA 91502
818 238-5180
Some of the KEY FEATURESare listed here, please contact them or go direct to obtain an application. They will also mail you the application. their business hours are monday to friday from 8:30am to 5pm.
- The rehabilitation work must be performed by a qualified licensed contractor, who is paid after the City inspects and the owner approves work.
- According to Burbank Residential Rehabilitation Program, funding is based on availability and assistance is on a first-come, first-serve basis.
- Non-permitted structures may require compliance with Building and Safety Code prior to approval.
- Deferred loan @ 3% simple interest, No repayment until title transfer or sale, loan amounts from $47,200 to $89,000 depending of your number of persons in your household, please verify updated info, Code items and general property improvements.
- Grant Programs with no repayment required, from $24,250 to $45,750 also based on number of persons in your household, code and accessibility items only
- List of improvements is based on the Health and Safety Cod'es Priority list.
- Assistance with bidding, contract administration, construction activity monitoring and payment disbursement.
- A contractor list is provided upon request.
For more information, please visit website for Rehabilitation Residential Loans & Grants.
Lupe Soto, Burbank Realtor welcomes your suggestions or comments, send email to sotolupe@charter.net
Please visit my blog every thursday and friday for important updates regarding Why Burbank is a great place to live, work and invest? Have a prosperous week.
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