Residents Businesses Visitors Government Search Directory Home
Office of Community Development

Community Development Home Line Break
Announcements
Line Break
Housing Programs
Line Break
Community Partners
Line Break
Plans and Reports
Line Break
Fair Housing
Line Break
Homeless Assistance
Line Break


Rental Housing Rehabilitation Loans

Under the Housing Loan Program, loan financing for rental property rehabilitation is for the purposes of assisting the rehabilitation of substandard rental housing and providing standard quality rental housing that is affordable to low and moderate income persons. The sources of financing for this program are the Community Development Block Grant Program and the HOME Program. Both are federal programs for which funds are received by the City-Parish from the U.S. Department of Housing and Urban Development. The City-Parish Office of Community Development (OCD) administers these programs.

Financing involves mortgage loans on the properties to be rehabilitated. Credit and property underwriting criteria apply to the evaluation of all loan applications. Applications are considered on a competitive basis. The information contained in this program description is an integral part of the application. Applicants should carefully review this information before submitting an application