City of Simi Valley Offers $30,000 Home Rehab Loans for Low-Income Homeowners

City of Simi Valley Offers $30,000 Deferred Payment Home Rehabilitation Program Loans with 2% Interest for Low-Income Homeowners

The City of Simi Valley offers deferred payment Home Rehabilitation loans up to $30,000 to low-income homeowners. Loans accrue 2% interest for the first 15 years, and are reserved for owner-occupied single-family homes in need of repair.

In order to qualify for these loans, household income may not exceed the following low-income limits published annually by the United States Department of Housing and Urban Development (as of May 2012):

                              Household Size        Income Limit
                                        1                         $47,400 
                                        2                         $54,150 
                                        3                         $60,900 
                                        4                         $67,650 
                                        5                         $73,100

Repayment of Home Rehabilitation loans is required upon sale, refinance, or transfer of the property.

Examples of eligible work include roof repair or replacement, repair or replacement of damaged walls, doors, screens, hardware, cabinets, bathroom fixtures, kitchen built-in appliances, replacement of deteriorated floor coverings, connection to sanitary sewer, repair or replacement of severely deteriorated exterior stucco, siding and doors (including garage doors), window replacements, replacement of deteriorated/hazardous driveway, replacement of old heating and air conditioning systems, installing attic insulation, and weatherstripping.

For further information or to request an application contact the City’s Home Rehabilitation Coordinator, Blaze Buonpane, at the Department of Environmental Services at 583-6757.

Source: City of Simi Valley website at