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Residential Rehabilitation Loan Program

The Residential Rehabilitation Loan Program provides low-interest property improvement loans and technical assistance to qualified very-low-income homeowners to make basic repairs and improvements, correct substandard conditions, and eliminate health and safety hazards.

  • Maximum loan amount is $35,000.
  • In cases of financial hardship, no monthly payments are required and repayment of the loan is deferred, either for a specified period or until the property is sold or title to the property is transferred (interest accrues at 6% per year, simple interest).
Eligibility

To be eligible for the Residential Rehabilitation Loan Program, you must meet the following guidelines:

  • You are the legal owner of the property in need of repair.
  • You reside in the property as your principal resience.
  • You are within the income limits for very low income.
How do I apply?

For more information or to request a brochure or a Rehab Loan application, please call (415) 491-2550. Complete the application; then call back and schedule an appointment at your home with the program's rehab specialist. To download and print the Rehab Loan program brochure, click on the following link (download is in PDF format):
Below Market Rate (BMR) Home Ownership Program
The BMR Home Ownership program offers low and moderate-income , first-time homebuyers the opportunity to purchase specified condominium units in Marin County at less than market value. Marin Housing administers the sale of newly constructed units as well as previously owned units being offered for resale. There are approximately 300 homes in the program located throughout Marin County.
Eligibility
To be eligible, an applicant must qualify as a low-income or moderate-income first-time homebuyer. An applicant must also be able to qualify for a mortgage and have savings for down payment and closing costs. Demand for these homes is much greater than the supply, therefore, there is a lottery.
How do I apply?

Print the BMR application from the link below, complete it and mail it along with a check for $50.00 to: Marin Housing, BMR Dept., 4020 Civic Center Drive, San Rafael, CA 94903. For more information, or to request a brochure or a BMR application, please call (415) 491-2550.

 

 

 

Updated: 4/2/08
© 2002 Marin Housing Authority