You are here: Home Homeowner Resources Capital Improvements
Personal tools
You are here: Home Homeowner Resources Capital Improvements

Capital Improvements Credits for Maintaining and Enhancing Your Home

 

Maintaining your home in good repair is an investment in your own health, safety and enjoyment of homeownership.  Homestead offers our Capital Improvement program as a means by which to encourage member homeowners to maintain your home by increasing your formula resale price for some repairs or improvements.

Our program is designed to make sure that you as a homeowner can afford the repairs and maintenance needed on your home, and that changes to the home do not make it unaffordable at the time of resale to the next buyer. That’s why the first step in the process is to talk to a Homeownership Associate about the repairs or changes you would like to make. We will discuss the potential costs, your resources, and the steps to apply for Capital Improvement credit approval. All allowable Capital Improvements credits must be approved in advance.

If you home needs repair or maintenance and you are unable to afford the expense, our Homeownership Staff will make referrals to grant and financing opportunities for which you may be qualified.

 

Resources:

1. Talk to a Homeownership Associate about Capital Improvements: email owners@homesteadclt.org for inquiries.

2. Review the full Capital Improvement Policy and Process

3. Fill out an Application form:

Capital Improvement Credit Application Form - Print and Fill

Capital Improvement Credit Application Form - Electronically fillable PDF