Church Community Housing Corporation Home Repair Loan Programs

How it works

Portsmouth’s wastewater page says Church Community Housing Corporation has low-interest loan programs for septic system and other home repairs.

A Newport County flyer says the organization offers home repair loan programs for low- and moderate-income households in Newport County.

What the money covers

The flyer lists eligible repairs including:

• housing code violations
• doors, windows, stairs, ceilings
• interior/exterior painting
• kitchen and bathroom remodeling
• chimneys and flue work
• plumbing and electrical work
• handicap accessibility
• foundations
• insulation
• fences and landscaping
• driveways
• sewer connection
• furnaces and hot water heaters
• and more

Amounts and terms

• Loans up to $50,000 for a single-family unit
• Loans up to $70,000 for a multi-family unit
• 3% fixed interest rate, 15-year term
• Monthly payment is stated as $6.91 per $1,000 borrowed
• Deferred-payment loans up to $5,000 at 0% fixed interest rate for seniors age 60+ and persons with disabilities
• Deferred-payment loans do not need to be repaid until the home is sold or title is transferred
• The flyer says there are no fees or closing costs

How to apply

The flyer directs homeowners to Church Community Housing Corporation in Newport and gives a phone number and office address.

Timing and deadlines

The flyer does not state a formal deadline. It says the loan programs can assist in financing needed repairs to your home.