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LOAN PROGRAM: <br /> Loan Amount: Minimum $2,500 15 year term <br />Maximum $25,000 15 year term <br /> Interest Rates: 3% Simple Interest <br />**Term and Principal amount of loan will be due and payable upon transfer of ownership of <br />the property, for any reason, such as sale, inheritance, condemnation or foreclosure.** <br />EXAMPLES OF ELIGIBLE REPAIRS: <br /> Roof repairs <br /> Termite Treatment <br /> Connecting to Sewer System <br /> Updating faulty electrical wiring and or plumbing <br /> Solar water heating <br />EXAMPLES OF INELIGIBLE REPAIRS: <br /> Construction of a New Structure <br /> Completion of a incomplete structure or unfinished improvements <br /> Construction on an unpermitted structure <br /> <br /> <br />