Philadelphia Neighborhood Home Preservation Loan Program
Philadelphia, March 13, 2019 – City officials on Wednesday announced the launch of Restore Repair Renew (RRR), a program partnership between the Philadelphia Redevelopment Authority (PRA) and nonprofit service providers to offer low-interest home repair loans of up to $24,999 to eligible homeowners.
- “Today is a great day for middle-income individuals and families in the City of Philadelphia,” Mayor Jim Kenney said. “We understand that there are some families that work every day, and still need assistance in maintaining and preserving their home. These Philadelphians may not be able to qualify for a traditional home repair loan, and may need some assistance. The Philadelphia Neighborhood Home Preservation Loan Program, better known as Restore Repair Renew or RRR, is the answer.”