The Senior Home Repair Loan Program is a deferred 0% interest loan program designed to provide assistance to eligible homeowners who need more extensive repairs to their homes than the Senior Minor Home Repair Grant Program provides. The Senior Home Repair Loan Program addresses home repairs that focus on health, safety, and security conditions of the home.
Qualifications are identical to the Senior Minor Home Repair Program and include homeowners who are 60 years old or older, own and reside in the home as their primary residence, are under the applicable income limit for the household size, have assets under the asset limit, and have homeowners insurance. Funding availability per eligible household is between $500 and $7,500. This program is administered and funded by New Castle County. Funding for this program is limited per fiscal year and is on a first come, first served basis. For more information, call 302-395-5698.