Register    
 
    
Mobile Home Tenant Loan Assistance Program

Mobile Home Tenant Loan Assistance Program
The Mobile Home Tenant Assistance Loan Program offers a loan to mobile home/coach owners who are tenants of unpermitted mobile home parks.

Purpose
The County of Riverside’s primary objective is to provide financing for replacement of existing mobile home/coaches that will serve low income farm workers of the Coachella Valley in the County of Riverside.

Loan terms

  • Maximum loan of $40,000;
  • Specified term of 45 years;
  • 0.0% fixed rate of interest;
  • Secured by the mobile home/coach;
  • Loan repayment due upon transfer of ownership;
  • 45 year deferral period of all principal and interest loan repayments; and,
  • Possibility of loan forgiveness.

    Eligibility
    The applicant must currently own and occupy the mobile home/coach to be replaced, and the coach must be parked in a park in an unincorporated area of Riverside County. The applicant must also qualify under the low-income criteria.

Applying for Assistance
For an application and further information, applicants should contact:

County of Riverside
Economic Development Agency
44-199 Monroe Street, Suite B
Indio, CA 92201
760.863.2552

3403 10th Street, Suite 500
Riverside, CA 92501
(951) 955-3389 (in Riverside City Limits)
951.351.0700

Rate Our Website We Need Your Input Improving Information
Terms Of Use | Privacy Statement | Copyright 2014 Riverside County EDA