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Renovations

HUD 203(K) Rehabilitation Loan - Detail Verified 2/17/12 Last Updated 02/25/2009
A government sponsored program designed to allow owner-occupants to obtain one loan for the purchase of residential property (1-4 units) that needs repair work. Loans include funds for rehabilitation work. This program is available nationwide.

HUD Streamlined 203(K) Limited Repair - Detail Verified 12/17/12 Last Updated 02/25/09
A program that permits homebuyers to finance up to $35,000 into their mortgage for home improvements or upgrades before move-in. Property repairs to be identified by a home inspector or FHA appraiser. This program is available statewide.

Oregon Veterans Home Loan - Detail Verified 2/17/12 Last Updated 1/31/12
A fixed-rate, primarily purchase-money, home loan program designed to provide some degree of economic parity to honorably discharged veterans. Veterans did not have to enter the service from Oregon nor be discharged back into the state. ODVA loans are conventional loans, different from federal VA loans. Federal VA forms and disclosures do not apply. Available throughout the State of Oregon.

USDA Section 504 Home Repair Program - Detail Verified 2/17/12 Last Updated 09/16/10
A program offering grants and 1% fixed interest rate home repair loans to very low-income homeowners in rural areas and communities with a population of 25,000 or less. Program funds may be used for general repairs, improvements and to remove health and safety hazards for owner occupied single family residences.

VA Home Loans - Detail Verified 2/17/12 Last Updated 04/07/08
A program that provides veterans a loan with no down payment requirement. This program is available to veterans anywhere.

VA Loans/Native American Veterans on Trust Lands - Detail Verified 2/17/12 Last Updated 11/13/08
A program available to Native American veterans who wish to purchase or construct a home on trust land. A VA direct loan can be used to purchase, construct, or improve a home on Native American trust land. VA direct loans are generally limited to the cost of the home, or the Federal Home Loan Mortgage Corporation single-family conforming loan unit, whichever is less. Contact a VA office with loan activities for information regarding the current loan limit and any other questions you may have. The land must be on Native American trust land.

VA Special Home Adaptation Grant - Detail Verified 2/17/12 Last Updated 2/17/12
A benefit program for the veterans and servicemembers who have service-connected disabilities. They may be entitled to a grant subject to program eligibility requirements for the purpose of acquiring a land, constructing an adapted home, or modifying an existing home to meet their mobility needs. The goal of the Special Home Adaptation (SHA) grant program is to provide a barrier-free living environment that affords the veterans or servicemembers a level of independent living he or she may not otherwise enjoy. This grant can be used anywhere in the US, including states, territories and commonwealths, and outside the US.

VA Specially Adapted Housing Grant - Detail Verified 2/17/12 Last Updated 2/17/12
A benefit program for the veterans and servicemembers who have service-connected disabilities. They may be entitled to a grant subject to program eligibility requirements for the purpose of acquiring a land, constructing an adapted home, or modifying an existing home to meet their mobility needs. The goal of the Specially Adapted Housing (SAH) grant program is to provide a barrier-free living environment that affords the veterans or servicemembers a level of independent living he or she may not otherwise enjoy. This grant can be used anywhere in the US, including states, territories and commonwealths, and outside the US.

Consumer Resources
Other resources that may help with the renovation process.

 

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