1. Owner Occupied Rehabilitation — Changes in the loan terms and the forgiveness of the loan: The

City Commission · 2026-05-05 · agenda_item

The City of Kissimmee is reviewing changes to its Owner Occupied Rehabilitation loan program. These changes involve adjusting the loan repayment periods and how loans are forgiven. The loan term will be 10 years for assistance up to $75,000 and 15 years for assistance up to $120,000. Loan forgiveness will be calculated based on the remaining time left on the loan. This item is currently under review by the City Commission. While no construction is directly involved, this program could lead to future rehabilitation projects. Businesses involved in home repair, renovation, and related services may find opportunities as homeowners utilize these loan programs. Early engagement with the city or potential program participants could provide insights into upcoming needs.

loan assistance amount

75000 $

loan term

10 years

loan assistance amount

120000 $

loan term

15 years