Gathered together for a photo Monday morning, from left, Contractor Simon Lopez of TruBuilders, LAHP Program Manager Cindy Hollabaugh and homeowner Linda Dickson in front of her home where renovations are underway on Cheryl Avenue in White Rock. Photo by Carol A. Clark/ladailypost.com
By CAROL A. CLARK
Los Alamos Daily Post
caclark@ladailypost.com
The Los Alamos Housing Partnership (LAHP) has added Cindy Hollabaugh as program manager for the Home Renewal Program and Homebuyer Assistance Program.
“The organization is extremely fortunate to have someone with Cindy’s skills, experience and deep understanding of the community,” LAHP Executive Director Steve Brugger said.
Hollabaugh has been part of LAHP since 2006. She has more than 17 years of experience in real estate sales and lending and extensive knowledge of the Los Alamos real estate market. She began as a board member and became board president. Hollabaugh also was a member of the Loan Review Committee for LAHP.
“I have always supported the goals of LAHP to help members of the community become homeowners,” Hollabaugh said.
As program manager, Hollabaugh will assist members of the community with access to the Home Renewal Program and the Homebuyer Assistance Program. Both programs are for residents of Los Alamos County who earn 80 percent or less of the Area Median Income.
The Home Renewal Program is funded through Los Alamos County to assist homeowners in making needed repairs to their homes. Examples are roofing, furnaces, water heaters, insulation, windows, doors, electrical, plumbing, siding, stucco, porch and stair repair or replacement. The Homebuyer Assistance Program, also funded by Los Alamos County, helps residents access up to $25,000 (depending on purchase price) to purchase a home.
Funding is provided in the form of a deferred payment, non-amortizing loan, meaning that there are no monthly payments and the loan only comes due at the time of sale, or transfer of title. There are different interest rates and terms based on individual qualifications.
Income limits are adjusted annually for the programs, which currently for a household of four is $114,320.
“This program is perfect for young families, single parent-led households and seniors on a fixed income,” Hollabaugh said. “I encourage people to call me at 505.662.8918 or 505.570.0136 and learn more about everything these programs have to offer. I am available to meet and explain the program throughout the week.”
Learn more about these programs at www.losalamoshousingpartnership.org or email Hollabaugh at cindylahp@gmail.com.
