Homeownership Program
AC Renew Home Renovations Program
The AC Renew program provides affordable, low-interest deferred payment loans to qualified homeowners to be used for home improvement projects that help create or maintain a safe and comfortable home. The program is administered by Alameda County with funding provided by Alameda County taxpayers who approved the Measure A1 Housing Bond in November 2016. Please visit the AC Renew website for more information.
The low interest loans are between $15,000 and $150,000, depending on the need, with a simple interest rate of 1% and do not require payments for a term of 30 years. The loan will be due and payable before the end of its term if the property ceases to be owner-occupied or when the property transfers to an owner who does not qualify to assume the loan.