Essential Single Family Rehabilitation Loan Pool Program 2021

Hope Restorations has been granted membership by the North Carolina Housing Finance Agency (NCHFA) under the 2021 cycle of the Essential- Single Family Rehabilitation Loan Pool Program (ESFRLP-21). Funding from this program will assist with essential and critical repairs to single-family homes that are owned and occupied by lower-income households. These repairs help veterans, seniors, homeowners who have children under the age of 6 being exposed to lead hazards, and persons with disabilities stay in their homes more safely, saving health care and long-term care costs.

The major requirement to be eligible for ESFRLP-21 assistance are:

The home must be located in Wayne or Jones County

The home must be owner-occupied Site built and off frame modular units will be eligible for consideration

The house must have a full-time household member who is an older adult (age 62+), disabled or a veteran, or a household with a child under the age of 6 whose health is threatened by the presence of lead hazards

The gross annual household income must not exceed 80% of the area median income for the County

The property cannot have been repaired or rehabilitated with public funding of $30,000 or more within the past 10 years

The cost of rehabilitation cannot exceed the ESFRLP-21 Program Guidelines limit of $30,000

The assistance will be in the form of a 0% interest FORGIVABLE loan covering the hard cost expenses associated with the rehabilitation of the home and a grant for the soft cost for the individual homeowners who meet the eligibility requirements above.

We can assist you with finding out if you are eligible for assistance! Applications are available on our website by calling Hope Restorations at 252-560-7507

Applications should be returned as soon as possible, but no later than November 30 at noon to Hope Restorations 611 Mitchell St. Kinston, NC 28501 or emailed to