Incentives

Explore financial incentives available to Dayton homebuyers & tenants.

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Financial Incentives

Community Reinvestment Areas

Encourages investment within a targeted area that will improve real property.

The property tax that is assessed due to improvements made to residential real property is reduced (exempted) by a predetermined percentage for a predetermined period of time.

Categories
Financial Incentives

HUD

FHA’s Limited 203(k) program permits homebuyers and homeowners to finance up to $35,000 into their mortgage to repair, improve, or upgrade their home. Homebuyers and homeowners can quickly and easily tap into cash to pay for property repairs or improvements, such as those identified by a home inspector or an FHA appraiser. Homeowners can make property repairs, improvements, or prepare their home for sale. Homebuyers can make their new home move-in ready by remodeling the kitchen, painting the interior or purchasing new carpet.

hud.gov/program_offices/housing/sfh/203k