Larimer Home Improvement Program
Larimer Home Improvement Program (LHIP)
For flood repair application and resources scroll down or Flood Application
“Helping to preserve affordable housing”
The Larimer Home Improvement Program is administered by the Loveland Housing Authority and offers low to no interest rate loans to income qualified families looking to repair or improve their homes. See chart for income qualifications.
This program is funded mainly with federal, state and county dollars, because of that we are able to offer lower interest rates and more flexible terms then a traditional lender, as well as more relaxed credit requirements.
The Maximum loan amount is $24,999 and the interest rate is on a sliding scale from 0% to 3% based upon the families’ income. The loan terms are very flexible we will work with you to come up with an affordable monthly payment up to a 30 year term.
LHIP is focused on health, safety, handicap accessibility and energy efficient related issues in your home. Approved repairs or improvements would be such things as roof replacement or repair, new siding, windows and insulation, room additions in overcrowding situations etc. Please contact the program manager to see if your repairs qualify.
- Must meet the income requirements.
- Own and occupy the home you are requesting repairs for.
- Have enough equity in the property to secure the loan.
- The Home must be in Larimer County including the City limits of Loveland, Fort Collins, Wellington, and Berthoud as well as all the outlying county areas. We are also serving the Milliken area.
Emergency Grant Assistance Program
We also offer an emergency grant assistance program to people that own & occupy their home and make no more than 50% of the area median income, see chart. This program can offer funds to people in urgent need situations such as burst pipes, non working hot water heater or furnace and dangerous electrical issues. We do require that if you are asking for assistance to replace a furnace you must first apply with the weatherization program Longs Peak Energy Conservation or the Furnace Replacement Assistance if you are turned down by them you may then apply with us. The grants cannot exceed $1,000, unless special circumstances are approved by the program manager. You are only eligible to receive emergency funds assistance one time.
Mobile Home Repair
The Larimer Home Improvement Program will assist in the repair of Mobile Home but on a much smaller scale. The maximum loan amount is $5,000 with an interest rate from 0% to 3% again based upon applicant’s income.
The application process is very simple you can print out the application from the website, or call 970-635-5931 to have one mailed, faxed or email to you. Fill out the application and provide; proof of income, photo ID and attach the list of required documents. Mail it to: 375 W. 37th Street, Suite 200, Loveland, CO 80538, or you can fax it to 970-278-9904 or email it to email@example.com. We will let you know in less than a week in most cases if you qualify and the next steps to begin the repair process.
You may use one of our contractor recommendations, or a contractor that you know or was referred to you. They must have the proper insurance requirements and licenses if the repair you are requesting requires a licenses. For more information please call. You will be required to get 3 bids when ever possible. We recommend if you are using a contractor for the first time that you are unfamiliar with; you get references and check with the BBB. We are required to check the state and federal d-barred list.
If you are a contractor who wishes to be added to our list please provide a resume, detailed information on your area of specialty, and 3 references. You will be required to provide a certificate of insurance on each job you participate in with a minimum million dollar liability policy, a copy of your business licenses or contractor licenses when applicable.
Flood Recovery Resources
The Larimer Home Improvement Program has additional funding provided by the Colorado State Division of Housings CDBG-DR program to help home owners in the repair or rebuilding of their homes. If you have not received enough funding from FEMA or your insurance we maybe able to assist you with a zero percent interest rate, deferred to sale loan or in some cases based upon eligibility a grant if you remain living in your home for 5 years. In amount up to $100,000.00 to help in the repair process. Call for more details on loan/grant terms. Flood Application
FEMA coverage for flood survivors, see a list of what could be eligible for FEMA assistance due to a disaster.