How
to Start:
Compare
the number of people living in your house with the
maximum income levels below . You qualify if your
income is equal to or below these levels and you do
not qualify if your income is above. |
|
Eligible
Income Levels:
| #
Persons |
Maximum
Income |
#
Persons |
Maximum
Income |
| 1 |
$63,350 |
5 |
$97,700 |
| 2 |
$72,400 |
6 |
$104,950 |
| 3 |
$81,450 |
7 |
$112,200 |
| 4 |
$90,500 |
8
+ |
$119,450 |
|
|
Eligible
Applicants:
All
owners of the property must submit an application
for a residential rehab loan or grant. You will be
provided with the number of applications required,
based on the information provided in the initial phone
interview. Call the Residential Rehabilitation Program
of the City of Daly City at 650-991-8068 to discuss
the types of repairs you need. Have your household
income amount on hand as this information determines
your eligibility for our programs. If you are eligible
you will be sent an application package. |
|
Supporting
Documentation:
Supporting
documentation consists of: Copies of your latest filed
federal tax return (IRS form 1040), a credit authorization
form, and copies of various financial documents. The
checklist provided will show exactly what documentation
we’ll need from you. We’ll do the required credit
checks and order a title search, and when the loan
or grant has been tentatively approved, authorization
to begin the work write-up will be given to the Rehabilitation
Construction Inspector. |
|
| Processing:
After
your application is received it will be analyzed.
Credit reports on all owners will be ordered and verified.
If there are no problems with the credit reports,
the Rehab Construction Inspector will contact you
for a date/time to inspect the property. The Rehab
Construction Inspector will coordinate an inspection
date/time with the Termite Inspector.
| Estimated
processing time: |
| * |
Senior
Minor Home Repair Grant is: 1 - 2 weeks |
| * |
Security
Grills Grant: 1 - 2 weeks |
| * |
Roof
Only Loan: 2 - 3 weeks |
| * |
Paint
Only Loans: 2 - 3 weeks |
NOTE:
Homes 50 years old or more require State Historic
Preservation Office review. Two pictures of the front
and two pictures of the rear of the house will be
taken at the time of the inspection. The pictures
will be sent to The State Historic Preservation Office
for review, this process adds about 35 days to the
approval time for grants, roof and paint only loans.
Processing for the Complete Rehab Loan is more involved,
so you could be looking at a processing time of two
months until loan closing. Estimated time for completion
of the work is 60-90 days after loan closing depending
on the scope of the work. |
|
Credit
Report:
When
we receive your application, we’ll review it carefully.
We’ll order a credit report on all owners and, upon
verifying that there are no credit problems, move
ahead with scheduling a property inspection. |
|
Property
Inspection:
Our
Rehabilitation Construction Inspector will contact
you for a time and date to inspect your property.
The Rehabilitation Construction Inspector will also
coordinate an inspection time and date for the Termite
Inspector. |
|
|
Inspection
Reports:
After
the property has been fully inspected, a report is
prepared outlining the rehabilitation work that will
be needed. Included in the report will be all code
deficiencies that will need repairs.
We’ll
send you a copy of this report along with:
* An estimated cost for the rehabilitation work.
* An inspection acceptance form.
* A checklist of supporting documentation that we’ll
need from you.
* An estimated loan amount and terms form for your
review.
If you wish to continue in the program, simply return
the inspection acceptance form and submit the documentation
required from the check list. |
|
Work
Write-Up:
The Work Write-Up outlines in detail the specifications
of the repair work that must be done to your property.
After preparation and review/approval by you, it is
used as the basis for the contractors' bids. |
|
Bidding
Process:
There
should be at least 2-3 bids from licensed general
contractors to do your work. This can be accomplished
two ways. We can provide several bid packages directly
to you for bid solicitation or we can notify the contractors
on our bid list that there is a bid package available.
These contractors are licensed general contractors
who have applied to work on rehab projects. The City
Rehab Program does not guarantee their work. You will
be provided with a list of Contractors' names, addresses,
phone numbers and license numbers. You are responsible
to contact the State Contractors License Board and/or
the Better Business Bureau (phone numbers are provided
on the list) to satisfy yourself of their ability
to do your job. All owners and the contractor will
sign the construction contract. The City is not a
party to this contract. Contractors have 15-20 days
to submit their bids. The Rehab Division reviews all
bids for cost reasonableness. You pick the contractor
you want to do your work from those who submitted
bids. The actual loan amount will be based on the
bid you accept. |
|
Loan
Papers/Construction Contract:
After
bid acceptance:
* We will commit to you the actual terms of the loan
we can provide.
* You will have 10 days to review all your documents
and advise us of your acceptance of our commitment.
* Once you accept the loan terms we will prepare the
necessary loan and construction documents.
* A pre-job conference and construction contract sign-up
date/time will be set up for all owners and the contractor
to attend.
* Loan sign-up will immediately follow this pre-job
conference. |
|
Loan
Funding:
Once
the three-business-day rescission period expires,
your loan package will be delivered to the title company
with instructions to record the deed of trust as soon
as possible (usually the next working day). After
the deed of trust is on record, the notice to proceed
will be sent to your contractor and he/she has 15
calendar days within which to start the job. Permits
for the job must be obtained by your contractor prior
to commencement of the work and only through the Rehab
Division. |
|
Work-in-Progress/Progress
Payments:
The
Rehabilitation Construction Inspector will be on the
job site the first day the job commences and will
do several monitor visits while work is in progress.
When the contractor is ready for each progress payment
(generally 3 progress payments per job with a holdback
of 10-20% to be released 35 days after work completion),
an invoice must be submitted and an inspection done
to determine if the quality and quantity of the finished
work warrants a progress payment. All progress payment
checks are made payable to all owners and the contractor.
|
|
Work
Completion:
When
the job is completed a walk-thru inspection is done
with all owners, the contractor, and the Rehab Construction
Inspector present. A punch-list is prepared and signed
by all, outlining any work still needing attention.
At this point a Notice of Completion is prepared,
signed by one owner and recorded so that the time
limit within which any mechanic's lien can be filed
against the property is reduced. After the 35 days
holdback period the final check is released to the
owners and the contractor and the owners are provided
with a breakdown of disbursements of the loan funds.
|
|
| Contact
Information
City of Daly City
Residential Rehabilitation Program
333 – 90th Street
Daly City, CA 94015
Phone: 650-991-8068
Fax: 650-991-8070
TDD: 650-991-8278
E-mail address:
Community
Development Specialist: manaya@dalycity.org
Rehabilitation Inspector: jtravers@dalycity.org
|
|
POLICY
OF NON-DISCRIMINATION
The City of Daly City does not discriminate
on the basis of race, color, creed, religion, sex,
marital status, sexual preference, national origin,
ancestry, handicap or age in the admission or access
to, or treatment or employment in, its programs and
activities. |
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