Substantial Rehabilitation Program
The Substantial Rehabilitation Loan Program is a deferred loan of up to $50,000 offered at a 2% simple interest rate. Repayment of the loan is due at the time of title change, resale, refinance with cash out, or non-compliance with program requirements. This program is not a conventional equity loan or equity line of credit.
Interested in Becoming a Participating Contractor?
To become a Participating Contractor, you must attend an SRP training. To be notified of the next SRP training, email Rebecca Miranda at rmiranda@cityofperris.org with your name, company and contact information.
Learn More...
- Substantial Rehabilitation Program Brochure
- Substantial Rehabilitation Program Flyer - with examples
- Application Letter
Describes the paperwork you'll need to submit with your application.
Apply for the program...