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City of Plantation Residential Rehabilitation Program
Broward County Housing Finance Authority
www.broward.org/housing/

Contact


Community Redevelopment Associates of Florida
8569 Pines Boulevard Suite 201
Pembroke Pines Florida 33024
(954) 431-7866






Program Overview


City of Plantation Residential Rehabilitation Program is a program that provides loans to make minor repairs to homes. Property must be located in the City of Plantation.


Who is eligible for thisTest program?


Borrowers must be owners/occupants of the property. Borrowers must be low, or moderate income. Income limits are set out in full at http://www.crafla.com/programs/rehab_eligibility.htm Funds may be used to make minor repairs to single-family homes, including emergency repairs for health and safety, repairs for energy efficiency, extgerior painting, roof repair, and fascia.

Household Income Limit: $ 71950
Is thisTest program for first time buyers only? No


Property Eligibility Requirements


Property must be located in the city of Plantation.
Allowable property types: Single-family houses, condominiums, townhomes, and villas.


Benefit Details


Interest-free deferred payment loan to allow homeowners to bring their homes in compliance with the building codes. The loan is forgiven if the owner remains in teh home for fifteen years.

Benefit: Interest-free deferred payment loan for home repairs.
Loan Term:15 years
Owner Occupancy Required:Yes
Other Program Comments:Second mortgage, payable if the property is sold or leased within fifteen years. Assistance is for rehabilitation, not remodeling, and cosmetic repairs will not be covered.

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