Four Component (4COM) Home Repair Loans

How it works

The city’s housing-assistance page says the county’s Four Component (4COM) Home Repair Loans are low-interest loans available to assist low- and moderate-income homeowners with repair and/or replacement of roof, electrical, furnace, and plumbing systems, including sanitary sewer connections.

What the money covers

Covered work listed on the page includes:

• Roof repair or replacement
• Electrical repair or replacement
• Furnace repair or replacement
• Plumbing repair or replacement, including sanitary sewer connections

Amounts and matching

The page does not state a maximum loan amount, but it says repayment terms and interest rates vary. It also says seniors 62 years or older who meet eligibility and income criteria may be offered a 0% interest deferred loan, with no monthly payments and the full loan amount due when the property transfers title.

How it works with ownership

Loans are available for one- to four-family homes, though the owner must occupy one of the units.

Timing and status

The page presents the program as available, but it does not list an application deadline or funding cap.