The Workplace of Housing and Neighborhood Growth is accepting functions to its Residential Restore Program.
The RRP is a low-interest mortgage program out there to eligible low-and moderate-income householders. Funds could also be used to restore, enhance or modernize properties or take away well being and security hazards.
Loans vary from $2,500 to $25,000 at 3% easy curiosity. Mortgage funds are deferred for 15 years, at which era full fee will probably be due.
Eligible householders who’re 62 years or older or individuals with a incapacity could also be eligible to have 30% of the mortgage’s principal steadiness forgiven on the finish of the mortgage interval. Funds are restricted and granted on a first-come first-served foundation.
Purposes and program info could also be discovered on-line at tinyurl.com/4twc5557 or by contacting Marcia Yoshiyama by electronic mail at ohcdloans@hawaiicounty.gov or cellphone at (808) 961-8379.