Rental Rehabilitation Loan Program

Image - Flyer

The City of Eugene has low interest loans available to repair eligible rental properties. Applications for the Rental Rehabilitation Loan Program are being accepted based on funding availability and staffing.

Rental Rehabilitation Loan Program ~ Flyer

  • Housing must be within the Eugene city limits
  • Applicant must have an ownership interest in the property
  • Property taxes paid current
  • Rents are affordable and likely to remain affordable to low-income tenants. Priority is given to properties with multiple rental units
  • The replacement of at least one major component (HVAC, Electrical, Plumbing or Roof is required for program eligibility
  • At least 70% of the tenants must meet low-income guidelines, as follows:

2018 Tenant Household income CDBG projects: 80% of Eugene AMI
Household Size   1
Maximum Income
$35,950 $41,050
$55,450 $59,550

Eligible types of Repairs
  • Repair Roof and Gutters; Dry Rot and Structural Repairs         
  • Weatherization, Energy Efficiency Upgrades (Insulation, Windows, Doors)
  • Accessibility Improvements
  • Electrical and Plumbing Upgrades; Replace Heating Systems
  • Interior and Exterior Painting; Lead Based Paint Abatement
Flexible Project Terms
  • Up to $25,000 available per unit (for example, a 10-unit property may qualify for up to $250,000)
  • Flexible terms and interest rates (below 4%)
  • 10-20-year amortization
  • Loan-to-value ratio, up to 90% of property value
  • Project must comply with HUD’s Lead Based paint rule and URA (Uniform Relocation Act)
2018 Fair Market Rents (FMRs) apply except as applicable and noted below.
  • All FMRs Includes utilities paid by tenant per Utility Allowances schedule in effect     
1 Bedroom
2 Bedroom
3 Bedroom
4 Bedroom
Eugene FMR
(CDBG Rental Rehab Programs)

Other criteria may apply, based on project funding sources.