The Plymouth Office of Community Development has administered a Housing Rehab Program since 1988, with funding from the Department of Housing and Urban Development (HUD). The grants we receive are part of The Office of Community Development Block Grant (CDBG) Program.
The Housing Rehab Program offers an affordable rehabilitation loan program to low to moderate income households throughout the Town of Plymouth. Eligibility is based on federal income guidelines, which are shown on the application linked below.
Funds are to be used for the purpose of correcting code/safety violations and addressing critical repairs such as plumbing, electrical, heating, roofing, handicap accessibility, and septic replacement.
We will guide you through the income verification process required by federal guidelines and inspect your home to see if the repairs are eligible through our program.
Homes rehabilitated must be owner-occupied primary residences in the Town of Plymouth.
Many people think of Housing Rehab funding as a grant. This is because the financial help we offer does not have to be paid back on a monthly basis like conventional loans. Instead, our loans are offered on a deferred basis - deferred until you sell or transfer ownership of your home or refinance and interest is accrued at 2%.
This feature of the program makes our loans affordable. Poor credit will not interfere with an applicant's eligibility for a loan, although you do need to have adequate equity in your home. Still, it is important to remember that a Housing Rehab Program loan will eventually be repaid to the Town of Plymouth Office of Community Development. All of our loans are secured by a mortgage lien that is recorded at the Registry of Deeds*
Remember, it must be your primary residence, and you must fall within the income guidelines. We will only allow necessary repairs, not additions or remodeling.