Homeowner Rehabilitation Loan Program

How it works

The City of Dubuque’s Homeowner Rehabilitation Loan Program provides 0% interest loans to help eligible homeowners complete rehabilitation work on their homes. The program is designed for projects beyond basic repairs and is not an emergency repair program. Work must be completed in full.

What the money covers

The page says the loans help homeowners rehabilitate properties beyond basic repairs. It does not provide a detailed itemized list of eligible repairs.

Amounts and terms

• Minimum loan amount: $10,000
• Maximum loan amount: $50,000
• Interest rate: 0%
• Maximum repayment term: 20 years
• Loan amount is calculated based on income level, loan amount, and repayment term

How to apply

Homeowners interested in the program should submit an interest form, and City staff will follow up.

Other program conditions

• Homes must be code-compliant.
• Repairing code violations takes priority over owner preferences.
• The City records a mortgage lien against the property after loan closing.
• Average closing costs are $300, due in full at the time of loan closing, excluding any needed appraisal costs.
• Applicants must receive Finally Home! certification.
• Applicants must register for more information through Finally Home! at the program’s partner link.

Timing and deadlines

The page does not list a closing date or application deadline. It indicates that interested applicants can submit an interest form at any time and staff will contact them.