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Lending Options Wheat Ridge 2020 is pleased to provide funding for our low-interest loan program to spur improvements to owner-occupied homes. The Home Investment Program offers loans for improvements supported by the Neighborhood Revitalization Strategy. Eligible properties must be in the program's current service area of all properties in the City of Wheat Ridge between Sheridan and Wadsworth with most funds targeted for the priority area of 32nd to 44th Avenues and Sheridan to Pierce within the City of Wheat Ridge. The loans will be for up to 80% of the cost of home renovations with loan amounts between $5,000 and $20,000. The loans offered will have 4% interest; they are up to 10-year notes with a 20-year amortization schedule. Eligible project costs include exterior facade improvements, landscaping, interior renovations, energy improvements, and structural, mechanical & electrical repairs. All projects must include exterior improvements visible from the street. Funding cycles are scheduled for July 1 and January 1. View the complete Home Investment Loan Program Application Package. This is a 2MB file. Call the office for it to be emailed or mailed or pick up a copy in the office. |
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