Home Rehabilitation
Help is available in the form of a no-interest loan to help cover repair costs of low- and moderate-income homeowners in the City of Waco. Qualified participants can receive up to a $50,000 no-interest loan.
Who is Eligible?
- Homeowners who have proof of ownership or have a clear title to the home within Waco city limits
- Participants who have occupied the home minimum of two years
- Household income at or below 80% of the area median income (AMI)
- The property is your primary residence
- Property taxes are current and paid in full
- Insured home/property
More terms may apply to this program. For more information, please call (254) 750-5656 or email HCD@wacotx.gov.
Repayment Schedule
Eligible clients over the age of 62 will not have loan repayment requirements. The schedule below applies to clients 18 to 61 years old.
| Median Income Level |
Repayment Percentage |
Deferred Forgivable Loan Percentage |
| 50% or below |
0% |
100% |
| 51% to 61% |
30% |
70% |
| 61% to 70% |
40% |
60% |
| 71% - 80% |
50% |
50% |
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Income Guideline
The income criteria used is determined on a case by case basis.
The 2023 HUD Income Guideline as of 06/15/2023.
More Information
| Family Size |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
| 80% AMI |
$41,450 |
$47,400 |
$53,300 |
$59,200 |
$63,950 |
$68,700 |
$73,450 |
$78,150 |
The 2024 ARPA Income Guideline as of 1/12/2024.
| Family Size |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
| 300% FPL |
$45,180 |
$61,320 |
$77,460 |
$93,600 |
$109,740 |
$125,880 |
$142,020 |
$158,160 |
Families that reside in a Qualified Census Tract automatically meet the income criteria.
For a map of QCT - Go to huduser.gov, zoom in, and click "Color QCT Qualified Tracts" on the right.