Issue link: https://newsleader.uberflip.com/i/293799
The Sarasota Office of Housing and Community Development is offering zeropercent deferred loans for home repairs on owneroccupied residences throughout Sarasota County, the office has announced. Homeowners must meet certain criteria to be eligible for the loans, a news release points out. The requirements follow: • Home value cannot exceed $272,195. • Income must meet certain guidelines: for a oneperson household, the maximum income allowed is $32,100; for a twoper son household, a maximum of $36,700; and for a fourperson household, a maximum of $45,850. • Property must be owneroccupied and located within Sarasota County. • Loans are not available for mobile home repairs. No monthly payment is required for the loan, the release notes. The loan will be repaid when the home is sold or when it has not been owneroccu pied for 30 years, whichever comes first, the release adds. For more information about the zeroper cent loan program, call the Sarasota Office of Housing and Community Development at 9513640, and press "0" for assistance or call Jane Hindall directly at 9513610. ZERO-PERCENT DEFERRED LOANS OFFERED FOR HOME REPAIRS Home repair loans are available to Sarasota County residents. Contributed photo Sarasota News Leader April 11, 2014 Page 77