Frequently Asked Questions
Below you will find information that might help you understand how to find things or learn about information you might need to know about your city or town.
Apex Cares Housing Rehabilitation Program
11-
Apex Cares Housing Rehabilitation Program
Homeowners can apply on a rolling basis, but homeowners with the most need for major system repairs will be priority.
-
Apex Cares Housing Rehabilitation Program
No, these programs will prioritize assistance to homeowners most in need of major system repairs and is subject to available funding.
-
Apex Cares Housing Rehabilitation Program
Yes, but the maximum amount of assistance cannot exceed $40,000.
Example: A participant can be granted the maximum of $5,000 through the Architectural Barriers program and then need to rehab a structural issue. They can only receive a maximum of $35,000 towards the structural issue.
-
Apex Cares Housing Rehabilitation Program
Properties that have received the maximum assistance cannot receive further assistance until the lien is forgiven after 10 years or the grant is forgiven after 5 years.
-
Apex Cares Housing Rehabilitation Program
Typically, from date of application submission to date of closure, the home rehabilitation process can generally take 9 to 12 months, or potentially longer depending on the extent of the work needed.
-
Apex Cares Housing Rehabilitation Program
No. The apex Cares Home Rehabilitation Program is administered through Rebuilding Together of the Triangle, who serves as the general contractor for the projects. If they need to subcontract any service they will choose the subcontractor.
-
Apex Cares Housing Rehabilitation Program
Yes, depending on the project. If the project requires you to move out of your home while the contractor performs the repairs, the homeowner is responsible for planning for temporary location and expenses.
-
Apex Cares Housing Rehabilitation Program
The loan is due to the Town of Apex payable in full upon the sale of the property.
-
Apex Cares Housing Rehabilitation Program
The heir(s) can either submit documentation for eligibility to assume the remaining time of the loan, if they are deemed ineligible the loan is owned in full to the Town of Apex
-
Apex Cares Housing Rehabilitation Program
Yes, if you have lived in the home of at least three (3) years and satisfy all the remaining Apex Care Home Rehabilitation eligibility criteria.
-
Apex Cares Housing Rehabilitation Program
During the compliance period, after the loan is granted, the landlord must rent to low-income tenants (65% of the AMI or lower) for five (5) years to fulfill the grant.