“The Denver Urban Renewal Authority’s (DURA) Emergency Home Repair (EHR) Program, which helps Denver residents stay in their homes by providing assistance with emergency home improvements, has funding available and is looking for homeowners in need of urgent repairs to use these funds by the end of the year.
DURA’s EHR Program is designed to address problems that pose an immediate danger to the health and safety of low-income Denver homeowners. The program offers no-interest, perpetually deferred loans of up to $10,000 for things like roof repair, heating, plumbing, electrical updates and more. Deferred loans are only due upon sale or refinance of the house or when the owner ceases to occupy the home.
Earlier this year, retired grandmother Clara Mays learned her home’s failing electrical system posed serious safety risks and would have to be replaced. She was told it would cost upwards of $10,000 to replace the 70-year-old electrical circuit in her 1950s home. Clara, who lives on a fixed income and sells handmade blankets to supplement her Social Security money, simply didn’t have that kind of cash. Her neighbor encouraged her to contact the DURA for help.”
read the entire article
Rees, Megan. The Know 27 November 2020.