Wednesday, March 13, 2013

CAADC Home Repair Program

Community Action Agency of Delaware County is now accepting applications for the Homeowners Energy Efficiency Loan Program (HEELP).
HEELP is an affordable loan program designed to help homeowners make their homes more energy-efficient.This program offers a great way to reduce high energy bills and make home improvements at a very affordable rate.
HEELP offers loans between $1,000 and $10,000.  The loans have a fixed interest rate of 1% for the 10-year term with no prepayment penalties.  Allowable uses of the loan proceeds include insulation and duct-work;  new energy-efficient windows and doors; energy-efficient heating and cooling systems; hot water heaters and roofs. Other permissible work includes repair of interior damage from roof leaks, electrical repairs as well as any repairs that permit weatherization work to take place. 
For more information, call 610-891-5101 and ask about the HEELP Program.  Income limits apply.  For example, the maximum allowed annual income for a family of four is $53,300.