Buena Park – Home Improvement Program

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Replace that leaky roof, remodel your outdated kitchen and bathroom or install energy efficient windows – you decide!

The City of Buena Park provides loans up to $60,000 and rebates up to $10,000 to qualified home owners to improve their homes, at 0% – 3% interest.The level of assistance that the City may provide is determined by household income eligibility.  If your household income are within the income limits, a Home Improvement Program pre-application is required for consideration.  For more information, click here for the Home Improvement Program Guide or call Ecomonic Development at (714) 562-3586.

 

   DEFERRED LOAN     

    Income Eligibility:                  

    80% or Below of County Median Income            
    Maximum Loan  
    Amount:                                      
    $60,000
     Interest Rate:                

    0% for Seniors 62 and over; 3% Simple for 61 and under
    for a Maximum of 30 years; Payments Deferred Until Sale 
    or Transfer of Ownership

    Term:     30 Years or Upon Sale, Transfer of Ownership or Equity
    is Taken Out of Property
     AMORTIZED LOAN 
     Income Eligibility:     80% or Below of County Median Income
     Maximum Loan Amount:      $60,000
     Interest Rate:         3%
 
    Term: 

    30 Years or Upon Sale or Transfer of Ownership or Equity
    is Taken Out of Property

     REBATE
     Income Eligibility:      80% or Below of County Median Income
    Maximum Rebate Amount:     50% Rebate but Not Exceeding $10,000 
    
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