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 »