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Home Improvement Program
As part of an ongoing effort to preserve and enhance its residential neighborhoods, the City of Fountain Valley offers financial assistance to qualified low income homeowners for home repairs and improvements. The City of Fountain Valley Home Improvement Program's grants, rebates, and loans, are funded through a grant received from the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant (CDBG) Program. Eligible repairs include:
- Treatment and wood damage repair
- Roof repair or replacement
- Abatement of code violations
- Plastering, siding, and stucco
- Interior and exterior painting
- Heating and electrical systems
- Plumbing
- Accessibility modifications
Available Programs and Types of Assistance
The City of Fountain Valley Home Improvement Program provides several types of financial assistance to qualified low income homeowners. All homes must be owner occupied and in need of repair. Qualified households of single-family residences may receive assistance under a maximum of 2 of the city's home improvement programs. Households that qualify for participation in multiple programs may choose to use both sources of assistance simultaneously or on separate occasions.
Single-Family Home Grant Program
Grant of up to $14,000 for eligible repairs. The homeowner is not required to pay back any portion of the financial assistance received under this program. Participants may utilize the grant program once within a 10 year period.
Single-Family Home Rebate Program
Rebate of up to $7,500 for reimbursement of expenses incurred in completing approved repairs/improvements. Rebate amounts are calculated at 50% of the total cost of improvements and are disbursed after the homeowner has paid for the initial cost of the repairs/improvements. Participants may utilize the Rebate Program once within any 7 year period.
Single-Family Home Deferred Loan Program
Loan up to $50,000 for eligible repairs. Loan accrues simple annual interest at a rate of 3%. Qualified homeowners to receive a twenty-five (25) year loan with no required monthly payments. Full repayment of the loan and accrued interest is due at sale or transfer.
Mobile Home Grant Program
Grant of up $11,000 for eligible repairs or up to $13,500 if roof replacement is necessary. The homeowner is not required to pay back any portion of the financial assistance received under this program. Participants may utilize the grant program once within a 10 year period.
Mobile Home Rebate Program
Rebate of up to $5,000 for reimbursement of expenses incurred in completing approved repairs/improvements as part of the Home Improvement Program. Rebate amount is calculated at 50% of the total cost of improvements and is disbursed after the homeowner has paid for the initial cost of the repairs/improvements. Repeat assistance is allowed for rebates once every 7 years.
2023 HUD Income Limits
Number of Persons in Household |
Income Limit |
---|---|
1 | $82,900 |
2 | $94,750 |
3 | $106,600 |
4 | $118,400 |
5 | $127,900 |
6 | $137.350 |
7 | $146,850 |
8 | $156,300 |