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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 />