Housing Loan-Grants

Home Access Grants
Housing Rehabilitation Loans and Grants
Mobilehome Loans
Paint Loans and Grants
Single Family Rehabilitation Loans


 

 

 

 

 

SINGLE FAMILY REHABILITATION LOANS

 

The City of Sunnyvale offers low interest home repair loans to Sunnyvale residents with low to moderate income. Maximum loan amount is $60,000 for a 15 year loan. Interest rates vary depending on income. The loans can be used for the following necessary repairs:

 

*Electrical

*Plumbing

*Roofing

*Heating

*Weatherization

*Bath Remodel

*Kitchen Remodel

*Structural Reinforcement

 

The following table shows the income (gross annual) requirements and corresponding interest rates:

 

Rehabilitation Loan Income Guidelines

Effective February 1, 2006

Family Size

Income Limit (Gross Annual)

3% Interest Rate

4% Interest Rare

5% Interest Rate

1 Person

$37,150

$48,275

$59,400

2 People

$42,450

$55,175

$67,900

3 People

$47,750

$62,075

$76,400

4 People

$53,050

$68,975

$84,900

5 People

$57,300

$74,475

$91,650

6 People

$61,500

$80,000

$98,450

7 People

$65,800

$85,525

$105,250

8 People

$70,050

$91,050

$112,050

 

Single Family Rehabilitation Loan Application is available in Adobe Acrobat format.

 

If you have any questions, please contact the Housing Division at (408) 730-7250.