The Cities of West Concord and Claremont have funding available for owner occupied rehab. Eligible households must:
- Live within the city limits of West Concord or Claremont.
- Property is suitable for rehab.
- Homeowner’s property taxes and insurance are current.
- Property is a permanent structure.
- Homeowner does not have any outstanding judgments.
- Homeowner’s income must be at or below established guidelines
| Income Guidelines (2026) | |||
| Family Size | 30% AMI | 50% AMI | 80% AMI |
| 1 | $28,550 | $47,550 | $74,800 |
| 2 | $32,600 | $54,350 | $85,450 |
| 3 | $36,700 | $61,150 | $96,150 |
| 4 | $40,750 | $67,900 | $106,800 |
| 5 | $44,050 | $73,350 | $115,350 |
| 6 | $47,300 | $78,800 | $123,900 |
| 7 | $50,550 | $84,200 | $132,450 |
| 8 | $55,720 | $89,650 | $141,000 |
The financial assistance will be in the form of a deferred loan. The amount of the deferred loan will vary on a case-by-case basis. The deferred loans are secured with a Repayment Agreement. If the property is sold, title is transferred or is no longer the primary residence of the participant:
- Within the first 6 yrs., the full amount must be repaid to the HRA
- The amount of repayment is reduced 20% for each year until the end of the 10th year.
- At the end of the 10th year, the loan is forgiven and becomes a grant.
| Financial Assistance | |||
| Income based on AMI | % Property Owner Match | % Deferred Loan | Max. Deferred Loan Amount |
| 0-30% AMI | 0% | 100% | $25,000 |
| 31-50% AMI | 4% | 96% | $24,000 |
| 51-80% AMI | 10% | 90% | $22,500 |
To complete a preliminary application for the West Concord and Claremont Housing Rehab Program, please click on the link in the sidebar.
