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County Offers Home Repair Loans to Low and Moderate Income Residents

From the Mayors Office:

The Residential Emergency Repair Program (RERP) was established by the County of Hawai’i to make low-interest loans available to low-and moderate-income homeowners who are interested in repairing and improving their primary residence.

The RERP loan can be used for roof repairs, electrical and plumbing work, sewer improvements, termite treatment and damages caused by termites or wood rot and the installation of a solar water heating system.

Loans range from $2,500 to $25,000 at 3% interest.  Loan payments are deferred for 15 years at which time full payment will be due.  Applicants 62 years or older or with special needs, may have 30% of the principal balance of the loan forgiven as a grant.   For information contact Dawnelle Forsythe at 959-4642.