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Quick Reference

Overview

Qualifying

Contact Information

Phone 530.538.2439
Fax 530.538.2539
E-mail housing@cityoforoville.org

Before	After

Overview
      The City of Oroville Business Assistance and Housing Development Department may be able to assist you with a LOW INTEREST HOUSING REHABILITATION LOAN.

      If your house is located within the Oroville Redevelopment Agency and/or City limits and your income is less than 120% of area median income; you may qualify for a Housing Rehabilitation Loan. The Oroville Redevelopment Agency Housing Rehabilitation program is in compliance with the Federal Fair Housing Law (The Fair Housing Amendments Act of 1988).

Qualifying
      Family gross annual income may not exceed the Butte County area median income by the following:

Family Size	Annual Income	.
1	$45,840	Loans are based on total household income and family size.
2	$52,320
3	$58,920
4	$65,400
5	$70,680
6	$75,840
7	$81,120
8	$86,280

      The Oroville Redevelopment Agency has Housing Set-Aside funds available to make home repair loans. The funds are available to property owners to assist in the elimination of slum and blight, and to promote safe and sanitary living conditions. This loan offers:

           • Three-percent interest rate

           • Flexible repayment plans dependent upon your ability to repay

           • Loan repayment may be deferred for five year periods

           • Senior and disabled can defer loans until the title is transferred.

           • No pre-payment penalty for early pay-off

M O R E    I N F O R M A T I O N

| First Time Home Buyer | RDA First Time Home Buyer |
| FTHB In-Fill Construction | Enterprise Zone | Housing Rehabilitation Loan |
| RDA Rehabilitation Program | RMDZ | Landscape Improvement Program |
| Small Business Loan Program | Business Technical Assistance | Credit Counseling |
| Business Resources | Emergency Home Repair Grant | Minor Home Repair Loan |
| Small Business Development Center | Micro-Enterprise Technical Assistance |

Oroville City Hall • 1735 Montgomery Street • Oroville, CA 95965

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