The Los Alamos Housing Partnership (LAHP), in conjunction with Los Alamos County, will begin accepting applications for its Home Renewal Program (HRP) in January 2016. The program enables income-qualified homeowners to improve their homes to increase comfort, safety, and livability without adding to monthly expenses.
“In addition to providing financing for needed improvements, HRP helps homeowners find licensed contractors to complete work according to a project scope created by LAHP and the homeowner,” explains LAHP Executive Director Steve Brugger. “LAHP staff also assists the homeowner in providing oversight to the contractors to insure that all work complies with code and contract requirements.”
HRP is made possible through a subsidy loan provided by the County and other funding sources. No monthly payments are due on the loan, which is only collected when the home is refinanced or sold. Homeowners in the program must maintain their home as a primary residence and not rent it out during the life of the loan.
“We’re pleased that we’re able to roll out this program that will provide financial assistance to income-eligible Los Alamos County homeowners who need to make vital improvements to their homes,” says County Housing and Special Projects Manager Paul Andrus. “County Council fully endorses this program as a vital resource in the effort of achieving the County’s ongoing affordable housing goals and urges homeowners to inquire if the program will fit their needs.”
A brochure detailing eligible projects is now available at LAHP offices (1475 Central Ave.), CEDD offices (1000 Central Ave., Ste. 150), and online at losalamoshousingpartnership.org.