Rehab Funds Now Available in the Town of Mammoth Lakes!

July 2015

The Town of Mammoth Lakes now has funds through the Community Development Block Grant Program (CDBG) available for the rehabilitation of units within the town limits. Both owner-occupants and investors may be eligible.

Some highlights of the program include:

  • A limited number of $10,000 grants available for owners who are seniors (62+), need ADA upgrades, or earn less than 50% AMI.
  • Owner-occupants must income qualify. Loans are deferred at 0% until the participant sells or transfers title or discontinues residence in the dwelling.
  • Investors’ tenants must income qualify and a Rent Limitation Agreement must be entered. The loan is at 0%, but payments begin immediately.

To read the program guidelines, please visit the Rehab & Weatherization tab under the Resources page. For more information you can contact Mammoth Lakes Housing at (760) 934-4740 or info@mammothlakeshousing.org.