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  About Turlock

Housing Rehabilitation Loan



En Espaņol

Our Rehabilitation Loan program helps Home Owners and Investors preserve and upgrade their home(s) with a low interest loan. These funds are made possible through the Community Development Block Grant Funding program. The following information is a general over view of the program.

Funding Availability Status:

Applications are being accepted. We do not require a down payment to participate in the program.

How do I qualify for assistance?

Home Owners:

  • Live in a home located within the city limits of Turlock that needs repair.
  • Income at 80% or below the median for Stanislaus county.  Qualification depends on the number of people in the family and is subject to change.  See the following income table.
Income Table ( HUD CDBG 2015 Limits - Effective 03/28/16 )
Number in Family 80% of the Median income for Stanislaus County
1 $33,000
2 $37,700
3 $42,400
4 $47,100
5 $50,900
6 $54,650
7 $58,450
8 $62,200


Investor Owned:
  • Tenants must live in a unit within the city limits of Turlock and have income at 80% or below the median for Stanislaus county.
  • Investor must demonstrate the ability to repay the loan while maintaining affordable rent.
  • Have good credit.

What work can be done with the loan money?

A home is an investment that brings joy to a family and must be protected from the weather and normal wear. A home will deteriorate quickly if not maintained.

The following are some of the areas that can be repaired with loan funds:

Electrical
Plumbing
Roofing
Broken Windows
Foundation
Pest Control
Interior/ Exterior Paint
Floor Coverings
Fencing
Bathroom & Kitchen Remodel

Some improvements that can not be done are:

Barbecue Pits
Greenhouses
Kennels
Swimming Pools
Free-Standing Kitchen Appliances
Spas
Sprinkler Systems

What are the loan interest rates?

Housing Rehabilitation loans are available at the following annual percentage rates for a term of up to 20 years.

Home Owner: 5% interest
Investor Owned: 6.5% interest

The loan amount is determined by the scope of the work to be performed or the amount of equity remaining (90% loan to value), which ever is less.

A deferred payment plan is available for Home Owners with very low income (50% of the median income) and seniors (62 years old or older).

How do I get started?

Call the Housing Program Services Division today at (209) 668-5610 or TDD 1 800 735-2929 for more information.

The Staff will:
  • Assist you with application forms.
  • Perform an on-site survey of your property; work with you to determine what repairs need to be addressed.
  • Obtain bids from qualified contractors.
  • Monitor the construction process.
For questions about our housing rehabilitation loan program, please contact:

Housing Program Services
156 S. Broadway, Ste. 250
Turlock, CA 95380-5454
(209) 668-5610
hps@turlock.ca.us
Monday - Friday, 8AM - 5PM




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