Philadelphia homeowners have access to a home repair loan through the city’s Restore, Repair, Renew program, which gives city homeowners access to 10-year, low-interest loans ranging from $2,500 to $50,000. Homeowners can use the loans to address repairs related to health, safety, weatherization, accessibility and quality of life. David Thomas, president and CEO of the Philadelphia Housing Development Corp., which created the program, said Restore, Repair, Renew was “designed to help people who have nowhere to turn” — those who make too much money to qualify for most assistance but who aren’t able to walk into a bank and get a loan.
Source: Philadelphia Inquirer; 5/19/2025