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housing loans & grants
> repair/rehab
> emergency home repair program |
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Weatherization
and Energy Retrofit Loan Program
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Purpose
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Provides
loans for weatherization services, including baseline
energy efficiency upgrades
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Status
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Taking
applications now.
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Maximum
Amount
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$30,000
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Minimum
Amount
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$6,500
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REQUIREMENTS
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| Eligible
Applicants |
Oakland
property owners living in the unit to be rehabilitated. |
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Location
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Properties
may be located anywhere within in the City of Oakland.
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| Eligible Properties |
1 to 4 unit residential properties. |
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Income
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Applicant’s
annual household income cannot exceed 80% of the area
median income*. Income of all household
members 18 years or older must be considered (includes
house/roommates). |
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Occupancy
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Applicant
must occupy the property
All owners on record must apply |
| Eligible Uses |
Loan
funds can only be used for a base energy efficiency
package of improvements such as attic insulation, caulking,
weather-stripping, water heater insulation, energy
efficient light fixtures, furnace maintenance and energy
saving appliances, as well as systems rehabilitation
and replacement, included systems are the roof, furnace,
windows, doors and water heater. |
| Other
Requirements |
None.
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LOAN
/ GRANT DETAILS
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Interest Rate:
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Zero
interest
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Payments/
Term
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- No
periodic payments
- Loan
will be paid upon the sale or transfer of title of
property
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Prepayment Penalty
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N/A
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| Closing Costs |
$350 |
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Security
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Deed
of Trust
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HOW
TO APPLY
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| Status |
Available
Now |
| Deadline |
None |
| Process |
Complete
and submit the application
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| Application |
Call (510) 238-3909 to request an application. |
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MORE
INFORMATION
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| Details |
N/A |
| Projects |
N/A
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| Contact |
Residential
Lending and Rehabilitation Services
City of Oakland
Community
and Economic Development Agency
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*Area
Median Income limits are revised annually. Click here for current limits.
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City of Oakland
Community and Economic
Development Agency
Housing and Community Development Division
250 Frank Ogawa Plaza Suite 5313 | Oakland,
CA 94612
Tel:
510.238.3015
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Fax: 510-238-3691 | TDD: 238-3254
2002 All Rights Reserved
Last updated
October 9, 2009
contact the
webpage editor
It
is the policy of the City of Oakland not to discriminate on
the basis of race, ethnicity, religion, family status,
sexual orientation, or disability in employment or any of its
programs, activities, or services.
City of Oakland is an equal opportunity housing
provider
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