Published on Thu, Jan 15, 2009
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The Housing Authority of Snohomish County (HASCO) currently has over $1 million in funding to provide loans of up to $60,000 to homeowners to make needed health and safety repairs to owner-occupied homes.
Typical work includes roof replacements, plumbing and septic system repair, dry rot removal, and accessibility improvements such as ramps to help elderly and disabled homeowners stay in their homes. HASCO helps the homeowner determine what work needs to be done, get bids for construction, and monitor the completion of the work.
Loans are available at zero to 3 percent interest over 30 years. Deferred payment loans are also available for qualifying elderly and disabled households.
To qualify for a loan, the applicant must own and occupy a home in Snohomish County and fall below maximum income guidelines of $43,050 for a single person, $49,200 for two people, $55,350 for three people, or $61,500 for a family of four. Families, seniors and disabled households are eligible.
The program serves homeowners in Snohomish County outside of the city limits of Everett and Bothell. For more information or to apply, call Jackie at (425) 290-8499, extension 555.