Reimbursement

All or part of the $7,500 included as part of your forgivable loan can be used towards home improvements within one year of settlement. Any remaining funds not used within that one year period will expire and not be available for reimbursement.

For reimbursement consideration, please forward the below items to the PHOS offices for review:

To a contractor:

  • Completed W9
  • Invoice/Estimate/Receipts
  • Before and After Photos
  • Contractor License
  • Contractor Insurance
  • Completed Exhibit A (with original signature)

To an individual borrower:

  • Completed W9 (if not already in the BEN system)
  • Invoice/Estimate/Receipts
  • Before and After Photos
  • Completed Exhibit A (with original signature)

Acceptable improvements include:

Carpeting • Flooring • Heating/Cooling • Painting • Fencing
• Fixtures • Large Appliances • Landscaping • Eco-Products • Energy audit
• Built-in • Plumbing • Roofing • Electrical • Masonry
• Pointing • Asbestos Removal • Radon Removal • Lead Reduction