The North Carolina Housing Finance Agency recently awarded Orange County with $400,000 under the 2008 cycle of the Single-Family Housing Rehabilitation Program.
The program provides funds to assist with the rehabilitation of moderately deteriorated homes that are owned and occupied by lower-income households. Typical repairs include roof replacements, door and window replacements and electrical and plumbing upgrades. Financial assistance is provided as a deferred, forgivable loan.
Orange County homeowners who are 62 or older or disabled and have incomes less than $39,350 for a single-person household or $45,650 for a two-person household are eligible to apply.