For Phillips Ranch property owners who occupying the house as their principal residence and in need of rehabbing their property, city just obtain some funding for the "Home Rehabilitation Program". Therefore, this is the perfect time to submit your application with the city!

You can use the loan to do interior or exterior rehabilitation of the property such as replacing energy efficient windows, correction of code violations, removal of mold or asbestos & etc.

You will be able to borrow from $5000 to $60,000 depending on your need and the after-rehab value of your home.

Loan interest is at 2% or 4% simple interest depending on the program with income limitations. The payment is deferred until you sell the house, change or title or refinance with cash out.

Since this is a high popular program, you need to get your name on the waiting list. Click here for more program info and the application form.

You can also contact Antoinette Perez, city's Housing Loan Coordinator, at (909) 620-3620 or email her at antoinette_perez@ci.pomona.ca.us.