On Demand Wisconsin Portal image
 
header graphic 

Link to Governor Doyle's web site

Link to Commerce's Employment webpage

Link to wisconsin.gov web site
 
 

Rental Rehabilitation Program

The HOME Rental Rehabilitation Program (RRP) assists existing residential rental property owners in obtaining low interest loans to help defray rehabilitation expenses. Loans may be for up to 75% of the cost of repairs. The loans are available through selected local non-profit and local government sponsors that compete annually for funds.

Owners are required to lease HOME-assisted units at or below HUD determined Fair Market Rent (FMR) levels and keep them affordable for a specified time based on the amount of HOME assistance.

At least 90% of the units assisted under this program must be occupied by households with incomes at or below 60% of the County's Median Household Income. The average cost of repairs for a HOME-assisted project must be between $1,000 and $24,999 per unit.

This program is part of the Bureau of Housing, Division of Community Development, Wisconsin Department of Commerce. It is federally funded through HUD's HOME Investment Partnership Program (HOME).

Information regarding the current Rental Rehabilitation Program may be obtained by contacting Sandi Capps at (608) 267-6908.

There will be no 2006 RRP competition. RRP funding will be available through the 2006 HOME & HCRI application. Information regarding the application may be obtained by contacting Betty Kalscheur, at (608) 267-6904.