Home Improvement Program (HIP)
Home Improvement Program (HIP)
Keeping your home safe, efficient, and comfortable
The Housing Fund provides loans of up to $35,000 to help homeowners repair and improve their homes to protect the value of the home and enhance its’ safety, usefulness and health.
| Counties | Nashville-Davidson | Montgomery | Maury | All other counties |
| Minimum/Maximum Amount | $5,000/$35,000 | |||
| Interest Rate |
5% |
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| Term of Loan | <$10,000–120 months >$10,000–180 months |
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| Monthly payment will not be less than | $50 | |||
| Income Guidelines | Click Here | Click Here | Click Here | Please Call |
Other things to Know:
• Home must be the borrower/owner’s primary residence
• The Housing Fund uses credit standards and underwriting guidelines to make a loan determination
• Two estimates from TN licensed contractors are required
• There is a $500 processing fee
Have questions? Contact us--
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