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Housing Rehabilitation Loan Program moves to Marysville
MARYSVILLE — The Snohomish County Housing Authority recently moved its Housing Rehabilitation Loan Program offices from Everett to Marysville.
The program offers help to modest and low income homeowners, by providing no interest to 3 percent interest loans to address a range of issues common to homes in the area. Health and safety concerns are the main thrust of the program.
The new office is on the second floor of the community building at Willows Run, located at 4900 80th St NE in Marysville. The Housing Authority owns and operates this housing complex. The program's staff includes Rehabilitation Loan Specialist Jackie VanAssche and Rehabilitation Construction Lead Mark Papritz, who work together to help homeowners through the entire loan and construction process. The program has always been active in the Marysville community, but now that the program's offices are located in town, VanAssche and Papritz hope they can do even more.
"Having grown up in Marysville, I really look forward to doing more here," VanAssche said.
The Housing Rehabilitation Loan Program has helped hundreds of families make repairs to their homes. The minimum loan is $3,500, so minor work may not be enough to qualify for the program, but the program can help low and modest income households with a variety of problems and issues, including but not limited to new roofing, failed septic systems, electrical and plumbing problems, water damage, weatherization and energy system upgrades. Terms are no interest to 3 percent interest over the course of 30 years. Deferred payments are available to elderly or disabled households.
The Housing Rehabilitation Loan Program is also set to receive federal stimulus money targeting energy savings, to encourage households to consider not only items that might compromise their homes' safety or integrity, but also possible energy efficiency upgrades.
Income limits do apply. One person may make up to $44,800 a year, with up to $64,000 for a family of four.
For more information, you may call VanAssche at 425-293-0555.