Interest Free Loans Available for Homeowners Facing Insurance Cancellation
HERNANDO – Good news for homeowners with roofs that are in disrepair, but cannot afford the exorbitant renovation costs. Thanks to the State Housing Incentive Partnership Program, qualified applicants can receive an interest free loan up to $10,000, payable over 20-years.
To qualify for the Emergency Roof Repair Program, applicants must be the primary resident, current on their mortgage and property taxes, and have received a cancellation notice from their homeowner’s insurance company.
In addition, homeowners must meet the following gross income guideline:
- 1 Person Household – $20,650
- 2 Person Household – $23,600
- 3 Person Household – $26,550
- 4 Person Household – $29,500
For more information contact the Hernando County Housing Authority at 352-754-4160 or go to www.hernandocounty.us/housing
This material may not be published, broadcast, rewritten, or redistributed. ™2013 – 2015 Real News Real Fast, Inc.