Self Help Rehab Program (SHR)

Community Action Partnership of Northwest Montana (CAPNM) administers the 523 technical assistance grant through USDA-Rural Development’s Self-Help Rehab, which allows us to assist homeowners in repairing their existing home. This program combines the efforts of the homeowner, CAPNM staff, volunteers, and licensed contractors to meet home repair needs through the use of low-interest loans and grants. We will work with you to determine income eligibility and meet funding guidelines.

What is it?
Loans for income-eligible homeowners may be used to repair, improve or modernize homes or remove health and safety hazard
Grants for income-eligible homeowners must be used to remove health and safety hazards

How do you qualify?
– Be the homeowner and occupy the house
– Be unable to obtain affordable credit elsewhere
– Have a family income below 50 percent of the area median income
– For grants, be age 62 or older and not be able to repay a loan

How much money can I get?
– Maximum loan is $20,000
– Maximum grant is $7,500
– Loans and grant can be combined for up to $27,500 in assistance

What are the terms of the loan or grant?
– Loans are repaid over 20 years
– Loan interest rate is fixed at 1%
– Full title service is required for loans of $7,500 or more
– Grants have a lifetime limit of $7,500
– Grants must be repaid if the property is sold in less than 3 years
– If applicants can repay part, but not all of the costs, applicants may be offered a loan and grant combination

How do I get started?
– Contact Steph Schroeder at (406)758-5475 or sschroeder@capnwmt.org