Mammoth Lakes Housing will offer deferred payment loans to income eligible homeowners for essential repairs, such as energy efficient window replacements, EPA compliant woodstoves, energy efficient appliances, plumbing repairs, handicap accessibility improvements, exterior siding repairs, and similar projects. In addition to assisting individuals and families live in safe conditions, the program also helps maintain the condition of the housing stock within the Town.
Program and Contact Details
Mammoth Lakes Housing is the Program Operator and all inquiries about the program, including qualifying income levels and program guidelines can be found on their website or by calling (760) 934-4740. You can find the Program Guidelines on the MLH website here.
The maximum loan amount is $50,000 per home. A limited number of $10,000 grants are available to senior citizens (62+), persons with disabilities, and very-low income households. Deferred payment loans for rehabilitation are zero interest, no payment loans for the period the homeowner continues to live in the home as their primary residence. The loan is repayable when the home is sold, refinanced, title transferred, converted to a rental, or other qualifying event. There is a limited amount of funding available and loans will be made on a first-come, first-served basis.
This program will be implemented in accordance with Fair Housing provisions. No person shall be excluded from participation in, denied the benefit of, or be subjected to discrimination on the basis of his or her religion or religious affiliation, age, race, color, ancestry, national origin, sex, marital status, familial status, physical or mental disability, or sexual orientation.