Housing & Repair
If you own and occupy your home, meet income guidelines and live within the West Indianapolis geographic boundaries, an area bounded by two blocks south of Washington Street-RR Tracks -on the north, White River on the east, Raymond Street on the south, and Holt Road on the west, you may be eligible for assistance through the WI Home Repair program.В Contact D. Gaither – WIDC Home Repair Coordinator – 317-638-9432В x 2# or D@westindydev.org
The WI Home Repair program is a 0% interest, deferred payment loan. You do not make payments on this loan and it does not have to be repaid until you sell your home. The goal of this program is to help maintain a safe, affordable home.
Typical repairs can consist of but are not limited to:
- Roofs and gutters
- Insulation, siding and windows
- Electrical and plumbing
- Furnace and water heaters
There are three steps to the WI Home Repair program and WIDC will assist you throughout the process.
- Application
- Approval: Income and Inspection
- Bidding and Repairs
Step One – Application
The application form, “Home Improvement Application” is attached. It must be completed and signed by the person(s) applying for the loan. It asks for information on the loan applicant and all persons who are living in the home. In addition, you must provide copies of the following income documentation on all persons over 18.
- All pay-stubs for the last full month
- Award Letter if on SS/SSI or
- Copy of Pension Letter or Bank Statement if automatically deposited
- Last years Income Tax Return with W-2 or
- 1099 from Social Security
- Most recent Bank Statement (checking and/or savings)
- Copy of receipt of paid property tax (if available)
Step Two – Approval: Income and Inspection
Income eligibility is determined by Federal guidelines and once it has been established that you qualify for the WI Home Repair program an inspection is completed by WIDC staff. This inspection covers repairs noted by the homeowner as well as other mechanical and structural issues. An attempt is made to target those things that maintain the structural integrity of the home. When the primary inspection is completed and it has been determined that this project qualifies for the WI Home Repair program, an official “Write-up” is prepared and submitted for final approval. Once approved, the project is ready to bid.
Step Three – Bidding and Repairs
WIDC then asks a minimum of two, licensed, insured contractors to bid on the repair work. Bids are reviewed, a contractor is selected and all required loan paperwork is completed and signed by the loan applicant(s). The repair work can then begin. There is a final inspection when the repair work is complete, insuring that all repairs have been satisfactorily completed.