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The City of
Tempe seeks to improve the quality of our communities through the
following neighborhood programs
HOUSING IMPROVEMENT PROGRAM
The City's Housing Improvement Program
is funded by the federal Community Development Block Grant (CDBG)
and HOME programs. The primary purpose
of this program is to further the goal of
providing a decent home and a
suitable living environment to all residents, as well as the
preservation of neighborhoods.
The Housing Improvement Program provides financial assistance
up to $35,000 ($7,500 for
mobile home owners) to
income
qualified homeowners to correct code violations,
deficiencies or other hazardous conditions in the home.
Homeowners may qualify for no-interest deferred
loans, low-interest amortized loans or a combination of both. The type
of loan a homeowner receives is based on the homeowner's ability to pay.
NOTE: The information presented below is an overview of
Program requirements and is not meant to be all inclusive.
Additional requirements and/or restrictions may apply. For a more
comprehensive analysis of Program eligibility, please contact our office
and ask to speak with an Affordable Housing Specialist.
480-350-8950 (TDD 480-350-8913)
Eligibility Requirements
- Participant must be a Tempe Resident
- Participant must own the home to be
rehabilitated
- Participant must have occupied the
home to be rehabilitated for at least the immediate past 6 months
- Participant's gross (before taxes)
household income may not exceed 80% of the area median income
- The property value of the home to be
rehabilitated must not exceed 95% of the area median sales price as published
HUD annually.
Loan Repayment
The loan is in the form of
a low interest or deferred loan
dependent on the homeowners qualifications.
Under the Housing Improvement
Program, all loans are secured with a Deed of Trust and a recorded lien
on the rehabilitated property. In the case of a deferred loan, the
full loan amount will be due upon sale, conveyance, or alienation of the
property.
Amortized loans
will have set repayment schedules. Deferred loans have no set
repayments. Both loans must be repaid immediately if the property is
sold, the title is transferred or the property is alienated. Loans may
also be due and payable upon mortgage refinancing during the term of the
loan. There are no prepayment penalties if a loan is repaid prior to
the due date.
Loan payments
are deferred for all elderly (age 62 and
older) and disabled homeowners.
The City of Tempe
has conditions for subordination of liens and the request must be
approved by the Tempe Neighborhood Enhancement Section.
Rehabilitation vs. Remodeling
It is important to remember that the purpose of the Housing Improvement
Program is to assist homeowners with rehabilitating their home to
correct code violations, deficiencies or hazardous conditions. It is
not a remodeling program.
Emergency Grant
In
addition, grants (no repayment) are available for up to $7,500 to
qualified low to moderate-income homeowners with household incomes not
exceeding 80% of area median income limits, to make emergency repairs
to, or rehabilitate their home. Emergency repairs are those which
affect the immediate life, health and/or safety of the dwellings
occupants.
Examples of emergencies include: air-conditioning or evaporative cooler
repair, heating repairs, electrical hazards, leaking roofs, plumbing
and/or sewer problems, or anything that may immediately affect the
health or safety of the occupants of the home.
Accessibility
Modification
This program is also for
homeowners who require who require accessibility modifications to their
home, such as ramps, widening of doors, grab bars, modifications to
showers, sinks and toilets.
Energy conservation improvements are
also eligible expenses.
2008 Median Income for Maricopa County
The following table indicates the 2005 Income Limits for Maricopa
County. If the total household income of the home to be rehabilitated
is at or below the dollar amount indicated for all persons living at the
property, the owner is eligible for the program. Please call our office
for income limitations in family sizes of greater than 7 people.
| |
1 person |
2 people |
3 people |
4 people
|
5 people
|
6 people
|
7 people
|
| Low (80%) |
$35,950 |
$41,100 |
$46,200 |
$51,350 |
$55,450 |
$59,550 |
$63,650
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2008 Maximum Home
Value (after rehabilitation): $263,150
Contact Us
Mail applications to:
21 East 6th
Street Ste. 214 Tempe, AZ 85281
2nd
floor Orchid House, South of Tempe City Hall
480.858.2154 TDD:
480.350.8913
FAX: 480.350-8902
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