Deferred Home Improvement Loans are offered to Fullerton residents and property owners who meet the program’s income criteria. The goal of the program is to assist very-low, low- and moderate income residents who cannot afford to keep up their homes on their own. Applicants must have sufficient equity in their homes to qualify for loans and maximum property values apply. Deferred loans are due upon sale or transfer of the home. The assets of families cannot exceed $20,000 and the assets of senior citizens cannot exceed $30,000 in order to qualify. Under special circumstances the asset limitations may be amended on a case by case basis.

Forgivable Loans (Grants) are available to low-income households. The specific grants can be combined, and may be awarded in conjunction with the Home Improvement Loan Program. The grants do not have to be repaid to the City if the homeowner resides at the property three years after the grant is awarded. However, if the homeowner sells or transfers title to the property prior to three years, a percentage of the grant amount, determined by the City, must be repaid.

2020 Income Guidelines

If you would like a forgivable loan, deferred loan or mobile home application or have questions, please contact Jessica Cuevas at (714) 738-6544.

Residential Deferred Loan
Provides up to $65,000 per unit to provide decent, safe, and sanitary living conditions. All properties must be owned and occupied by low- or moderate-income persons. Maximum loan amounts are a guideline and may be exceeded after a review by the Loan Committee. Loans will be reviewed on a case-by-case basis. There are no monthly payments and no interest attached to these loans for a period of 15 years. Upon the expiration of the deferment period, an unlimited number of successive extensions of fifteen (15) years may be granted.

Mobile Home Loan
Provides up to $20,000 per unit to provide decent, safe, and sanitary living conditions. All properties must be owned and occupied by low- or moderate-income persons. Maximum loan amounts are a guideline and may be exceeded after a review by the Loan Committee. Loans will be reviewed on a case-by-case basis. There are no monthly payments and no interest attached to these loans for a period of 15 years. Upon the expiration of the deferment period, an unlimited number of successive extensions of fifteen (15) years may be granted.

Forgivable Loan (Grant)
All properties must be owner-occupied by low-income residents (50% median). Low-income residents can participate in one or all of the grant programs the City offers. Grants are forgiven over a three-year period. Maximum grant amounts are a guideline and may be exceeded after a review by the Loan Committee. Grants will be reviewed on a case-by-case basis.

Residential Roof Grant
Provides funds up to $15,000 to replace deteriorated roofs.

Residential Paint Grant
Provides funds up to $6,500 for exterior paint.

Residential Code Items Grant
Provides funds up to $5,000 to correct building codes, and health and safety items.

Residential Handicap Modification Grant
Provides funds up to $6,000 to aid handicapped residents (i.e. ramp, hand rails, grab bars, and ADA compliant toilets, etc.).

Mobile Home Grant
Provides funds up to $10,000 for handicap modifications and to correct building codes, and health and safety items.

HUD Section 3 – Economic Opportunities

Section 3 is a provision of the Housing and Urban Development (HUD) Act of 1968 that helps foster local economic development, neighborhood economic improvement, and individual self-sufficiency. The Section 3 program requires that recipients of certain HUD financial assistance, to the greatest extent feasible, provide job training, employment, and contracting opportunities for low- or very-low income residents in connection with projects and activities in their neighborhoods – HUD.

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