AMPLE HOME REPAIR LOAN FUNDS AVAILABLE

Providing you with the latest need-to-know information affecting the Direct Program in Wisconsin

August 2018

AMPLE HOME REPAIR LOAN FUNDS AVAILABLE

Your help is needed in finding eligible applicants to utilize Wisconsin’s Home Repair Loan Program allocation. $480,000 is available and must be spent before September 30, 2018.

 

Examples of authorized loan purposes:

  • Additions
  • Flooring
  • Siding
  • Appliances
  • Countertops
  • Cabinets
  • Painting
  • Windows
  • Doors
  • Furnace
  • Roof
  • Insulation

No mortgage required if loan is less than $7,500

20 year term, fixed 1% interest – payment on a $7,499 loan is $34.50/month

No minimum credit score is required; non-traditional credit sources are allowed

Income must be stable and dependable; employment history not required

Direct Mailing Lists and Contact Information:

Sign up to receive updates at https://public.govdelivery.com/accounts/USDARD/subscriber/new.

To receive State updates, check the “Direct Housing Program.”

To receive National updates, check the “SFH Direct Loan and Grant Programs. 

Questions?  Call 715-345-7611, email [email protected] or contact the Area Office that services your County.