HOME REPAIR LOANS are available to qualified applicants who own and occupy a single family residence located within the municipal boundaries of the City of St. Petersburg. Loan applicants must meet minimum credit underwriting guidelines and total gross household income is limited to the Median Family Income (MFI) income limits as defined by the U.S. Department Housing and Urban Development and established specifically to the geographic area of St. Petersburg. Assistance is only available to home-owners whose house value does not exceed $138,000.
For income limits adjusted to family size, View the Income Limits chart on this page.
Housing rehabilitation loans provide the home owner with the financial assistance necessary to remove health and/or life-safety risks, to correct code violations and for limited general renovations to an owner-occupied residence. Assistance is also available to identify and mitigate lead-based-paint hazards and to "hurricane-harden" the structure, protecting the property against the perils of storm and reducing property hazard insurance premiums and utility costs.
Upon completion of construction, the property must meet Housing and Community Development Department Minimum Quality Housing Standards and the City of St. Petersburg's Property Maintenance Minimum Standards.
EMERGENCY REPAIR LOANS provide income eligible home owners with financial assistance to address a leaking roof, electrical hazards, plumbing and sanitary sewer issues and other threatening perils that are an immediate detriment to household occupants.
- 0% Interest Rate
- Affordable monthly payments based on household income
- Possible loan forgiveness after 15 years of on-time payments
BARRIER FREE LOANS and GRANTS
Physically, visually or hearing impaired home owners or renters may be eligible for financial assistance to construct ramps, install ramps, grab bars, chair lifts, accessible counters, widened doorways, notification lights, buzzers and other supporting fixtures that render a home accessible for persons with disabilities. The maximum grant available is $3,000. Assistance exceeding $3,000 to a maximum of $15,000 is a loan.
- $3,000 grants with no monthly payments
- $3,000 to $14,000 loans also available
ALL LOANS ARE AT 0% INTEREST
For an application call the city's HOUSING and COMMUNITY DEVELOPMENT DEPARTMENT, at (727) 893-7247 or download the application here: HOME REPAIR APPLICATION
Family Budgeting and Financial Fitness classes are available as a benefit and condition of receiving a loan with the city of St. Petersburg. NOTE: Homeowner Education is NOT required for Emergency Repair Loans or for Barrier Free Loans and Grants.