Holland Neighborhood Improvement Association » Housing
Meeting Results in Suggestions for HNIA’s 2012 Loan Programs
On January 12th, HNIA celebrated the roll out of our 2012 Loan Programs with a party at our monthly General Meeting. There are three programs, a forgivable loan for homeowners living on limited incomes, a low interest loan program for people improving their homes, and a loan fund for landlords who want to repair their small rental properties. Residents suggested that we include the ability to use these loans for ramps or other home modifications for people with disabilities. The board agreed to take this up with GMHC. The board would also like to thank HNIA’s Loan team which included: Glenn Wennerland, Patricia Fenrick, Laura Stopyro, Lily Vaughn, Joe Truax, Dan Scoggins and others who participated in our General meeting brainstorming session in September last year. See our January 10th website … Read entire article »
HNIA Throws Party for Holland Neighborhood’s 2012 Loan Programs
On January 12th, at the Holland Neighborhood General meeting, HNIA will be celebrating our 2012 Loan Programs with a party. There are three programs, a forgivable loan for homeowners living on limited incomes, a low interest loan program for people improving their homes, and a loan fund for landlords who want to repair their small rental properties. Here is the plan. Forgivable Loan If you are living under 50% of the median income, you can apply for the forgivable loan program. It will give homeowners up to $7500 for code compliance type repairs that will be forgiven over 7 years, if you remain in your home. This includes roofs, plumbing, electrical or other items to make your home safe and secure. Low Interest Loan If you need to add some fresh details to improve your … Read entire article »
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