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Strong Homes loans: 52 approvals, $1.09 million obligated; 2026 budget proposed at $1 million
5962734 · October 20, 2025
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Summary
NIDC and Department of City Development staff reported 52 Strong Homes loans approved year to date totaling $1,090,557 in city dollars obligated; staff said the program has 79 applications in process and the executive budget recommends $1,000,000 for 2026.
Mark (NIDC) presented the Strong Homes loan program update to the committee. He said that year to date 52 loans have been approved, obligating $1,090,557 of city funds, and that 79 applications are currently in process. The program provides low-interest deferred-payment loans and technical assistance for…
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