The Property Improvement Program offers low-interest home improvement loans to single-family County homeowners with annual household incomes up to $65,000 ($74,750 in certain areas). See PIP Income Limits for details. You must have reasonable credit.

You must own or be buying the property and it must be your permanent year-round residence. If you are buying the property, you must occupy it within 60 days from the date of the loan closing.

 Eligible Improvements include: 

• Roof repair or replacement;
• Insulation, siding, window replacement, and other improvements that increase the energy efficiency of the property;
• Central air conditioning and furnace replacement;
• Kitchen and bathroom remodeling;
• Permanently installed carpeting (wall-to-wall) and built-in kitchen appliances (must be permanently affixed as an integral part of the kitchen, hard-wired or plumbed);
• Ramp installation;
• Attic and basement finishing;
• Upgrading electrical wiring;
• Building an addition;
• Walkway and driveway installation;
• Lead paint hazard remediation;
• Garage repair and construction (not to exceed 800 square feet in area). Carports are also allowed;
• Decks and gazebos that are NOT for hot tub use or around a swimming pool;
• Fences (chain link, brick, wood, iron);
• Fireplaces (indoor);
• Pole barns and utility buildings on a permanent masonry / concrete foundation;
• Fire suppression sprinkler system (indoor);
• Solar water heating systems;
• Solar room sunspace / solarium (permanently installed for use as a sun room, family room);
• Windmills for purposes of furnishing power to residential structures;

 Lending Amounts:

• Single family site-built home without equity – up to $25,000
• Single family site-built home with equity – up to $50,000 (total cumulative loan to value of home cannot exceed 100%)
• Manufactured housing / mobile home where the Borrower owns the home and the underlying lot – up to $17,500
• Manufactured housing / mobile home where the Borrower owns the home but not the underlying lot – up to $7,500

Interest Rates:

• Household income up to $19,999 – interest rate of 4%
• Household income between $20,000 and $39,999 – interest rate of 6%
• Household income between $40,000 and $65,000/$74,750 – interest rate of 8%
• Note: The annual percentage rate ( APR) will be higher depending upon the loan amount, origination fee, etc.

Terms of the Loan:

• Up to 20 years to repay the loan
• No equity requirement for homeowner loans up to $25,000
• No application fee
• No points or annual fees
• No penalty for early payoff
• A 2% origination fee ($100 minimum) is financed in the loan amount (not out of pocket).
• Loans over $7,499 are secured by a mortgage on the property

Contact Information: