Low-income homeowners can save repair costs under city program
The Department of Neighborhood Service’s Code Loan Program provided a no-interest deferred loan of more than $12,000 for repairs on Maria Alvarado’s home, including a new deck, stairs and a brick retaining wall. In late 2014, Maria Alvarado bought her first home, a foreclosed duplex in the Burnham Park neighborhood that she knew was a fixer-upper. “We had the ceiling, floors and walls repaired, put in new doors and fixed a lot of other things,” said Alvarado in Spanish. Later, contractors were hired to reinforce the deteriorating porch and balcony leading to an upper entrance. That’s when Alvarado’s problems...
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