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City Services

Loan Programs

Low-Income Rental Housing Rehabilitation Loan Program

This Program provides rehabilitation loans to property owners of rental units located within the City of Sonora. Units must be occupied by low-income households or be vacant. 

Eligibility Criteria 

  • Be a rental property owner with units currently occupied by low-income tenants* or with units that are vacant and will be occupied by low-income tenants

  • Property must be located within the City Limits

  • Have adequate equity in the property

  • Agree to the City’s Rental Property Agreement

  • Meet all other loan requirements & guidelines

Terms of Loan

  • Interest Rate is 5%

  •  Maximum Loan Term is 15 years

  •  Maximum Loan Amount is $30,000 per unit

  •  Monthly Loan Payments are required

  •  Loans are not assumable

The City of Sonora is an Equal Housing Lender and does not discriminate on the basis of religion affiliation, age, race, color, ancestry, national origin, sex, marital status, familial status, children, physical or mental disability, sexual orientation or other arbitrary cause.

Click here to see the Rehabilitation Loan Guidelines & Requirements

  • Click here to see the Rehabilitation Application

     
  • If you feel that you have 
    been discriminated against 
    in your attempt to obtain 
    any type of housing please 
    read the 

    Guide for Complaints

    City of Sonora
    Kim Campbell,  
    Community Development Specialist 
    94 Washington Street
    Sonora, CA, 95370
    Phone: (209) 532-3508
    Fax: (209) 532-3511