Dallas

Dallas Homeowners Get a Boost with Forgivable Loans for Essential Repairs Through the HIPP Program

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Published on August 21, 2024
Dallas Homeowners Get a Boost with Forgivable Loans for Essential Repairs Through the HIPP ProgramSource: Carol M. Highsmith, Public domain, via Wikimedia Commons

For Dallas residents eyeing the opportunity to touch up their homes without shaking every last coin from their piggy banks, the city is throwing a lifeline. The Home Improvement & Preservation Program (HIPP) is rolling out its Major Systems Repair Program (MSRP), designed to back qualified households with forgivable loans up to $24,000 to offer a shot at necessary repairs without the financial stress that typically accompanies such endeavors, according to the City of Dallas.

With the window to apply now wide open, those looking to partake in Dallas' HIPP need to act with some urgency. The clock is ticking down to an August 30, 2024, 5 p.m. cutoff, so there's no time to waste. The loan program can help out with a variety of home repairs, like replacing that ancient HVAC system, updating any precarious electrical setups, and even installing accessibility modifications for those in need.

Applications kicked off on August 19, 2024, and will remain available until the aforementioned deadline. There are two ways to apply. The first method involves going old school and visiting City Hall's housing department's walk-up window. Be sure to trek to 1500 Marilla St, Room 2CN, between 8 a.m. to 5 p.m. If an in-person jaunt isn't in the cards, the city welcomes a complete application packet sent via email to [email protected]. Just don't forget to check for that all-important confirmation email to ensure your application didn't fall into the digital void.

Dallas residents with single-family properties are eligible, so long as their household income doesn’t spike above 80% of the Area Median Income. The city's housing policy website is the place to visit for all of the minutiae and to see if your bank account aligns with the requirements.