Rental rehabilitation assistance program

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Department of City Development. Rental Rehabilitation Loan Program The Rental Rehabilitation Loan Program offers rehabilitation assistance to responsible investors who agree to rent to income-eligible tenants. Generally, units must have at least 2 bedrooms to qualify.

Property's debt compared to its value and its cash flow will be considered as part of our loan underwriting. The loans bear no interest rate, and after 5 years they are forgiven.