Owner Occupied Housing Rehabilitation Program

Owner Occupied Housing Rehabilitation Program

The Town of Prescott Valley’s Community Development Department gets grant funds from the Arizona Department of Housing to pay for home repairs. The program assists lower-income households with needed repairs. This means if you own your home in Prescott Valley and need help paying for repairs, the Owner-Occupied Housing Rehabilitation program might be able to help.

Criteria:

  • Your house is a single-family house within the Town of Prescott Valley (site built / manufactured) and you live in the home full time.

  • Your total household income is less than 80% of Yavapai County median income.

  • The value of your house is less than 95% of the Yavapai County median home value.

  • You don’t have a reverse mortgage, and you’re current in paying your mortgage, homeowners’ insurance, and property taxes.

Steps to being considered:

  • Community Development receives an application and determines the household is eligible to participate in the program. To get an application go to the Town of Prescott Valley Community Development Department on the 2nd floor of the Civic Center.

  • A Town of Prescott Valley building inspector inspects the house, listing safety and energy efficiency problems that need to be fixed.

  • Community Development has a licensed contractor make the repairs and pays the contractor directly.

  • The homeowner agrees stay in the house for a certain number of years after the repairs are done (this varies from 5 to 15 years, depending on the total cost of repairs.)

This is a great opportunity for any residents of Prescott Valley who have a need for repairs they may not be able to afford on their own. So, if you or someone who you know may be interested this is a wonderful program to help.

Brough to you by The Stephanie Woods Team Better Homes and Gardens Bloomtree Real Estate 928-237-4435 prescottazhomefinder.com


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Phone: 928-308-8565
Dated: October 21st 2019
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Stephanie Woods
2825 N Glassford Hill, Ste B
Prescott Valley, AZ
928-308-8565
800-690-7886