Neighborhood Preservation Program (NPP)

Overview
The purpose of the Neighborhood Preservation Program (NPP) is to eliminate conditions that may be detrimental to health, life, property, and/or public welfare. NPP provides financial assistance to low income homeowner for the eliminating blight, bringing buildings up to code, improving energy efficiency, promoting accessibility, and enhancing older neighborhoods in an effort to encourage future investment and the growth of economically integrated communities.

Pre-Application Process  
By completing the Pre-Application, you will be placed on the NPP waitlist. Due to high demand, the entire qualification process may take six months or more to be approved and to start construction on your home. Once you move up through the application process, you will be required to provide additional information and specific documents to determine approval. A list of these items is listed at the end of the Pre-Application document.
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Program Documents and Application





Loan Terms

Eligible applicants, may receive one of the following loans, based on their income-level, among other factors
  • 1% simple interest, amortized loan, up to $70,000
  • 1% simple interest, deferred loan, up to $70,000
*Grants, up to $15,000 may be provided to applicants that do not meet the minimum loan eligibility requirements and/or require emergency repair work
Eligibility
  • You must have a gross income which does not exceed the program limits below;
 Household Size  Income Not to Exceed
 1  $50,510
 2  $57,300
 3  $64,450
 4  $71,600
 5  $77,350
 6  $83,100
 7  $88,800
 8  $94,550
  • You are owner-occupant of a single-family home, duplex, or stationary mobile home;
  • You have owned and occupied the property for at least six months prior to applying (and will occupy the rehabilitated home, as your principal place of residence, until the loan has been repaid);
  • Your house must be in need of eligible rehabilitation work (as determined by staff interpretations of program guidelines);
  • Your assets must not exceed $50,000. The asset limit is $100,000 if you are over 62 or disabled. Assets include bank accounts, stocks, or real estate interests; and
  • The indebtedness on your home (after our loan is provided) does not exceed 90% of its appraised value.
  • Your home may not be in a Special Flood Hazard Area (SFHA), where the National Flood Insurance Program’s floodplain management regulations must be enforced. SFHA includes Zones A, AO, AH, A1-30, AE, A99, Ar/A1-30, AR/AE, AR, AO, AR/AH,AR/A, VO, V1-30, VE, and V. Please see www.fema.gov/flood-zones for more information.