Low-cost loans are available to repair homes and apartment buildings. These loans can be used to correct building/property deficiencies or other conditions which, if not corrected, will soon become a deficiency.
This program provides low-cost loans, with no maximum loan amount, available to qualified applicants at 0% interest with a 20-year loan term for owners of rental units of five of more units.
Multi-Family Rehabilitation Loan Program. For more information, contact the Housing Rehabilitation Team at (562) 570-6040.
The Programs described above are funded by the U.S. Department of Housing and Urban Development (HUD) and are subject to annual Congressional appropriations and to regulations adopted and periodically revised by HUD. They are also subject to City rules and regulations.
The City of Long Beach is an equal housing opportunity lender.