OFallon opens ten spots for home improvement loan program - KMOV.com

OFallon opens ten spots for home improvement loan program

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By KMOV Web Producer By KMOV Web Producer

O’FALLON, Mo. (KMOV) – The city of O’Fallon, Missouri has ten spots available in its home improvement program and officials say they want their citizens to see if they quality for help with their home. The city has forgivable five-year loans of up to $5,000 available for help in addressing code violations and home maintenance and repair.

City officials say homeowners who quality could get a new furnace, air conditioner, water heater, roof or siding; they just need to sign up to see if they qualify.

In general, to meet qualifications, applicants must reside in O'Fallon City limits, and also:

·           Have owned and lived in the house to be improved for at least one year

·           Be U.S. citizens or legal aliens (but not newly-legalized)

·           Have a low-to-moderate-income, with the total gross income of all household members age 18 and older not exceeding HUD limits

·           Be current on mortgage payments and real estate taxes, and have no pending bankruptcies or outstanding federal, state or city tax liens  

More information is available atwww.ofallon.mo.us/CDBG <http://www.ofallon.mo.us/CDBG>. Or, contact Jessica Hawkins at 636- 379-5411, or jhawkins@ofallon.mo.us <mailto:jhawkins@ofallon.mo.us>.

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