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Housing Services
Program
The
Housing Services Program (HSP) is a home repair and improvement
program serving property owners within the Salinas city limits.
Through
the HSP, the City of Salinas provides technical and financial assistance,
allowing property owners to correct deficiencies and improve the
livability of their residential property.
Eligible
improvements and repairs include: roofs, plumbing, windows, foundations,
floors, electrical systems, bathrooms and kitchens, etc.
Low interest
loans in amounts up to $90,000 are available to eligible property
owners to make repairs to their residential property.
The
loans are processed by the HSP and have an interest rate of 5% for
owner occupied residences and 6% for the owners of rental property.
The loans have an amortized term of 15 years.
The
rates and terms of the program are established by the City Council
and are subject to change. In certain hardship situations repayment
of the loan may be deferred. In these instances the interest rate
is 3% and the loan is reviewed every two years.
There
is no charge for the HSP loan, or the staff time, however, the property
owner is responsible for all project costs and fees such as: title
insurance, appraisal, plan preparation, etc. These costs may be
wrapped into the loan.
Housing
Accessibility Assistance Grants
Grants,
in amounts up to $14,000 per household, are available to assist
qualifying property owners in removing architectural barriers which
limit access or impede mobility, and to install fixtures which may
reduce hazards which may be aggravated by a disability.
Eligibility
Households
with an income not exceeding 80% of the median family income for
Salinas or property owners willing to rent, at rates affordable
to low income households.
*2008 Income Limits |
Family Size |
Maximum |
1 |
$36,300 |
2 |
$41,500 |
3 |
$46,650 |
4 |
$51,850 |
5 |
$56,000 |
6 |
$60,150 |
7 |
$64,300 |
8 |
$68,450 |
*Subject
to Change
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TDD users may
contact the
California
Relay Service
1 (800) 806-4474
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