In partnership with DayAir Credit Union, the City of Centerville is proud to announce the creation of the Centerville Home Enhancement Loan Program (C-HELP). So how does C-HELP work? The City will provide a 2% interest reduction on qualifying home improvement loans issued by DayAir through the program.

In addition to the City’s rate reduction efforts, DayAir has also pledged to reduce the interest rate by an additional half percent and waive most closing costs and fees for customers utilizing the program to finance their home improvement projects. The C-HELP program is designed to assist homeowners of single-family homes with an appraised valuation of $150,000 or less (as established by the Montgomery County Auditor’s Office) and who have a gross household income at or below 80% of area median income (as determined by the U.S. Dept. of Housing and Urban Development).

Other program requirements include:

*The loan applicant must be the owner of the home and must have resided at the property for at least the past 12 months.

*All required zoning and building permits must be obtained for the project.

*All loans are subject to the financial institution’s standard underwriting guidelines.

Individuals interested in learning more about C-HELP are encouraged to visit DayAir online at www.dayair.org  or contact the Economic Development Department at (937) 428-4766 for more information.