Low-Income Home Rehabilitation Revolving Loan Program
In 2017, the Legislature created the Low-Income Home Rehabilitation Revolving Loan Program. Senate bill 5647 is funded at 5 million for the 2017-2019 biennium.
This program tells the Department of Commerce to create a low-income home rehabilitation revolving loan program in rural areas of Washington state, defined as non-entitlement areas by the United States Department of Housing and Urban Development.
This will let low-income families in rural areas receive a deferred loan to conduct home rehabilitation work. The work will bring their homes up to a level where weatherization services can help them save on their energy costs.
Commerce staff are currently working with a steering committee to develop guidelines and determine the rules for this program. We anticipate the program will be available for low-income families later this summer.