Appleton City - WI issued the following announcement on Sept. 15
The City of Appleton Community & Economic Development Department operates a deferred repayment loan program for low to moderate-income homeowners (e.g. family of four with income less than $68,500/year) needing improvements done to their homes. If you are a low to moderate income single-family homeowner or are the owner-occupant of a duplex, you may qualify. The program is for City of Appleton residents only. Applications from eligible households are currently being accepted through October 29, 2021.
The City of Appleton recognizes that maintenance of the existing housing stock is important to the overall well being of the community. A stable economic base, sound codes, ordinances and enforcement procedures, in conjunction with responsible homeowners, have all contributed to the high quality residential neighborhoods found in Appleton.
PROGRAM BENEFITS
The program offers the opportunity to protect the investment you have in your house by providing rehabilitation loan funds at no interest and no monthly payments. The loan amount is placed as a lien against your property and recorded with the Register of Deeds. It needs to be repaid in full (no interest) when you sell, transfer, lease or vacate the home. The rehabilitation of your property increases its value and extends the life of the home.
HOW TO APPLY
Click on the following for the Application. Applications are also available on the first floor of City Hall across from the cashiers and on the fifth floor of City Hall at the Customer Service area. Applications will be available during the application period only (ends October 29, 2021). Additional program and qualifying information is available by clicking on the Brochure and on our Housing Rehab Loan webpage. Questions about the program can be directed to Laura Bonnet - Housing Coordinator at (920) 832-6007 or by email at laura.bonnet@appleton.org
Original source can be found here.
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