Home Improvement Loan Program
The City offers low interest property improvement loans to Redwood City homeowners and owners of rental property located in Redwood City. Typical loans terms are at 2% 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 limits shown below.
- For rental property owners, 51% of tenants (households) must be low income as shown in the income guidelines below.
Note - Single family is considered 1 to 4 units and multi-family is considered 5 or more residential units.
Loans are available on a first-come first-serve basis for replacement of roofs, heaters, windows, insulation, energy efficiency improvements as well as many other health and safety items.
Call 650-780-7290 to request an application or ask questions or click on the links below to download an application:
Homeowner Loan Application (1-4 units)
Multifamily/Rental Property Owner Application (5 or more units)
2017 Income Guidelines (Effective April 14, 2017)
|Number of Persons in Household||1||2||3||4||5||6|
|Maximum Household Income||$73,750||$84,300||$94,850||$105,350||$113,800||$122,250|