Home Improvement Loan Program

 Summary | Background

Home Improvement Loan

The City offers low interest property improvement loans to homeowners and low interest loans to rental property owners. The loans are at 3% interest for 15 years.

The basic loan qualifications are as follows:

  • Property must be located within the Redwood City limits.
  • For homeowners, household income must not exceed the income guidelines shown below.
  • For owner investors, 51% of tenants must be low and moderate income and within the income guidelines shown below.

Loans are available on a first-come first-serve basis for replacement of roofs, heaters, windows, insulation, as well as many other health and safety items.

Act now while funds are available. Call for an application and property inspection. Click on the links below to download an application:

Download Application: Rental or Owner  (PDF, 190 KB)



If you have any questions please call 650-780-7290.
# of Persons 1 2 3 4 5 6 7 8
Household Income $63,350 $72,400 $81,450 $90,500 $97,700 $104,950 $112,200 $119,450


 


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