The Los Alamos County Community Development Department and the Los Alamos Housing Partnership (LAHP) announced today that Cycle 3 of the Home Renewal Program will open Tuesday, April 17.
Residents who meet income qualifications and require financial assistance to make repairs or improvements to their homes are encouraged to apply for this subsidized loan program. Homeowners are not required to make payments unless the home is sold or vacated.
Examples of projects that may qualify for funding from the Home Renewal Program include window and door replacement, unsafe deck and porch repair or replacement, exterior siding and stucco repair/replacement, lead-based paint, asbestos and mold remediation, boiler replacement, and roof repair or replacement.
Interested applicants should visit the LAHP website at www.losalamoshousingpartnership.org to download an informational brochure, an application and checklist. The website has other information about the program including Policies and Procedures, and Housing Rehabilitation Standards. Hard copies of the brochure and application materials may be picked up at LAHP or the County’s Community Development Department in Suite 150 of the Municipal Building.
Interested applicants must arrange to meet with LAHP Director Steve Brugger before they begin filling out the application form. The application can be submitted when the cycle opens April 17. LAHP staff will review applications and contact applicants to discuss whether or not they qualify based on income, property and project eligibility criteria, and loan underwriting standards.
If an applicant is determined to be eligible, LAHP staff will work with the homeowner on a project funding plan and scope of work, and will solicit bids from a pool of qualified contractors.
The closing date for applications is May 31. LAHP will package all eligible applications received by the deadline to submit to a Loan Review Committee.
The Council funded the program for $200,000 this year and the FY19 budget, which begins July 1 has allocated another $200,000 to support the program. Applications will be prioritized according to the criteria in the Policies and Procedures manual. If funding requests exceed the amount of funding available, projects will be selected based on these established and documented priorities.
For more information or to arrange to meet with LAHP Director Steve Brugger, call 505.662.8918 or visit www.losalamoshousingpartnership.org.