Grants and Loans
Using special federal and other housing funds, the City of Lakewood administers a Fix-Up, Paint-Up program utilizing grant funds to paint the exterior of single-family homes as well as interest-free, deferred-payment loans of up to $18,000 for low-income residents to repair and rehabilitate their homes.
To qualify, your home must be a single-family, owner-occupied dwelling in Lakewood. The family must meet the income limits set by the federal government, which are $66,750 for a resident living alone, and $95,300 for a household of four. (Income limits adjust based on household size.) Other restrictions apply.
Grant funds for approved Fix-Up, Paint-Up program projects never need to be paid back.
The interest-free, deferred payment loans only need to be paid back when the house is sold or refinanced or the title is transferred.
For more information on the type of improvements covered by the program and how to qualify, call City Hall at 562-866-9771, ext. 2320.