Property Improvement Program

Property Improvement Program (PIP) loans are available through the Roscommon County Housing Commission. These loans are to homeowners with income up to $125,300 annually at 4.25% interest rate.
You may qualify for a PIP loan if:
  • You are buying your home or own it free and clear.
  • You have at least a 620 credit score and ability to repay the loan.
You can borrow up to $25,000 and take up to 20 years to repay. Work must be performed by a licensed and insured contractor.
With a PIP loan, you can do just about anything to your home such as: insulation, furnace, new siding, repair roof, install new windows, put in new plumbing, remodel kitchen or bath, upgrade electrical, build an addition, garage, or deck. Luxury items are not allowed. All improvements must be permanent to the house.