House enchancment loans out there | Information for Fenton, Linden, Holly MI


 Genesee County residents can apply for a no-interest, no-payment mortgage to finish dwelling enhancements by the Genesee County Metropolitan Planning Fee. 

 The Genesee County House Enchancment Program (HIP) and Pressing Restore Program (URP) helps help low-to-moderate revenue householders do repairs for roofing points, home windows, doorways, septic points, damaged furnaces, wells and extra.  

 The primary purpose of this system is to verify properties are protected and as much as code. 

 In 2021, they accomplished 26 initiatives, 22 beneath HIP and 4 beneath URP, which was launched final fall. 

 Nicole Odette, program providers specialist with the Genesee County Metropolitan Planning Fee, mentioned over the course of the final 10 years, they accomplished 341 initiatives. 

 The applying is open yr spherical and it’s out there on-line at Because it was put on-line final October, they’ve acquired 120 purposes. 

 They’re able to mortgage up $22,000 to eligible purposes, but it surely’s not a money mortgage. 

 “We rent the contractors by a bidding course of and pay them on the home-owner’s behalf, so no funds are supplied on to the home-owner. The mortgage is curiosity free, with no funds, and compensation is deferred till the home-owner sells or in any other case vacates the house.  A lien is positioned in opposition to the property to safe the mortgage,” Odette mentioned. 

 The fee has an inventory of accredited contractors, they usually’re all the time searching for extra normal contractors, HVAC specialists, properly drillers and extra. 

 Funds come from annual allocations of Group Improvement Block Grant (CDBG) and HOME Funding Partnerships Program funding from HUD. A portion is put aside to fund these applications, Odette mentioned. 

 In 2020, they did 25 initiatives and spent roughly $524,306.

Eligibility necessities: 

• You have to be the owner-occupier of the property for no less than one yr;

• Your private home have to be situated in Genesee County however not within the Cities of Flint, Davison, Clio or the Villages of Lennon and Otter Lake;

• House can’t be situated inside cell dwelling or manufactured dwelling communities;

• Whole gross family revenue have to be inside 80% of the Genesee County Median Earnings. Earnings consists of the revenue of everybody residing within the dwelling that’s 18 years of age and older;

• The mortgage funds, property taxes, and home-owner’s insurance coverage have to be present;

• Debt in opposition to the property should not exceed its worth;

• Program participation is restricted to at least one time solely.

 Any questions relating to the House Enchancment Program ought to be directed to the Genesee County Group Improvement Program at (810) 257-3010.

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