Water well program helps Ohio, Michigan and Wisconsin homeowners with loans

Water well program helps Ohio, Michigan and Wisconsin homeowners with loans

Ohio rural homeowners who need to repair or construct new wells may be eligible for a low-interest loan through the Household Water Well Program (HHWWP). Administered by the Great Lakes Community Action Partnership Rural Community Assistance Program (RCAP), HHWWP offers an up to $11,000 loan for water-well construction or repairs. Loans carry an interest rate of 1 percent. Loan maturity may not exceed 20 years and will depend on the borrower’s repayment ability. Borrowers will be responsible for associated loan costs such as recording and other fees.…

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