Stabilization Repairs

Make home repairs before they become a major problem.

Available in designated areas of Marion County only.

Not sure how to pay for home repairs you’ve been planning? INHP offers the Stabilization Repair Loan program so you can fix those home necessities that are reaching the end of their useful life.

Qualifying repairs may include: roof, windows, HVAC systems, accessibility modifications, siding and exterior painting and more.

Loan Details

  • 0% interest
  • No required monthly payment
  • Maximum loan amount $12,500
  • Closing fees rolled into loan
  • Contractor and project support through INHP
  • Loan matures at the end of 30 years or it must be repaid upon title transfer

Designated Areas

  • Within Riverside neighborhood
  • Within Crown Hill neighborhood
  • Within St. Clair Place neighborhood

Loan Requirements

  • Current on home mortgage and home insurance
  • Property must be owner occupied and in Marion county
  • Review of all outstanding liens and/or judgements
  • Everyone on home title needs to sign loan
  • Use of licensed contractor and property Inspection
  • Income restrictions apply

Please note that the opportunity to obtain an Essential Repair Loan is based on funding availability. Rates and fees subject to change without notice.

Income and other eligibility restrictions apply. Rates and terms are subject to change without notice

Within Riverside neighborhood