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Woodbridge News

Posted on: April 16, 2021

Home Repair Loans Available

house

Interest-free loans for certain home repairs are available to qualified Woodbridge residents. 

The State of Connecticut Small Cities Housing Rehabilitation Program provides interest-free loans to replace furnaces, roofs, windows, and septic systems as well as ADA modification, such as entrance ramps and bathroom modifications.

To be eligible, Woodbridge homeowners must meet the following requirements: (1) gross annual income cannot exceed $54,950 for a single household or $78,500 for a household of four; (2) have at least 10% equity in the home; (3) be up to date on municipal taxes; and (4) have homeowner’s insurance.

There is no out-of-pocket expense for this 0 % interest loan and payment is not due until the house changes title. The program also allows the Town to establish a revolving loan fund in perpetuity to provide assistance to additional residents who need home repairs.

For additional loan information, please call Tax Collector Pat Crisco at 203-389-3425. 

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