Rehabilitation Assistance Programs
Rehabilitation Assistance Programs are available to individuals who own and occupy their homes. Rehab is available to repair
sub-standard properties according to minimum Housing Quality Standards that meet code requirements. Properties deemed infeasible for repair by the Housing
Inspector will not be eligible for our rehab programs. There are several types of rehab programs: Paint Your Heart Out
Shreveport (PYHOS), Emergency Rehab, Handicap Accessibility, Limited
Repair, and World Changers .
NOTE: These programs are federally-funded and the maximum life-time federal assistance to any one property is $35,000, subject to
appraised value.
"All"
purchase programs require the successful completion of a first-time
homebuyer education class approved by the City of Shreveport.
Basic Criteria & Eligibility
Requirements
-
Income of up to 80% of the
area median income
-
First-time
homebuyer/existing homeowner
-
Property must be in the
corporate limits of the City of Shreveport
-
Applicant and Co-Applicant must complete the homebuyer
education classes
-
Co-applicant whose name appears on the mortgage or deed
must occupy the property
-
Employment / Income per underwriting criteria
-
Credit per underwriting
criteria
Grants, and loan/grant
combinations are available on a case-by-case basis.
Assistance is not available for luxury items, only for code
requirements as determined by the Housing Inspector and/or Rehab
Specialist. All properties must be free of any adverse encumbrances such
as judgments and/or liens.
Applicant must have occupied and owned the property for two years.
Bureau of Housing &
Business Development
(318)673-7503 / (318)673-7499 (fax)
E-mail:
community-dl@shreveportla.gov |