Rental Rehabilitation Loan Program

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Through the federal Community Development Block Grant program, the City of Eugene offers low interest loans to repair eligible rental properties. Applications for the Rental Rehabilitation Loan Program are being accepted based on funding availability and staffing.

Rental Rehabilitation Loan Program ~ Flyer

Eligibility Requirements

  • Housing must be within the Eugene city limits
  • Applicant must have an ownership interest in the property
  • Property taxes paid current
  • Rents are affordable and likely to remain affordable to low-income tenants. Priority is given to properties with multiple rental units
  • The replacement of at least one major component (HVAC, Electrical, Plumbing or Roof) is required for program eligibility
  • At least 70% of the tenants must meet low-income guidelines, as follows:

Tenant Household Income - CDBG Projects: 80% of Eugene Area Median Income (AMI)(Effective 6/28/19)  

Household Size123456
2019 Maximum

2019 Fair Market Rents (FMRs) also apply except as applicable and noted below:

  • All FMRs include utilities paid by tenant per the Utility Allowances Schedule in effect (Effective 6/28/19)
# of BedroomsStudio1234
2019 Eugene FMRs (CDBG Rental Rehab Programs)$678$780$1,032$1,492$1,752

Eligible Types of Repairs

  • Repair roof and gutters; Dry rot and structural repairs
  • Weatherization, energy efficiency upgrades (insulation, windows, doors)
  • Accessibility improvements
  • Electrical and plumbing upgrades; Replace heating systems
  • Interior and exterior painting; Lead-based paint abatement

Flexible Project Terms

  • Up to $25,000 available per unit (for example, a 10-unit property may qualify for up to $250,000)
  • Flexible terms and interest rates (4% and below)
  • 10-20-year amortization
  • Loan-to-value ratio, up to 90% of property value
  • Project must comply with HUD’s Lead-Based Paint rule and Uniform Relocation Act (URA)

Other criteria may apply, based on funding sources.