COVER Loan Program
Code Violation Enforcement-deferred Rehab (COVER) loans help property owners fix their homes after receiving a code violation.
You can apply for a COVER loan if you:
- Own a building with 1-4 units
- The building must be free of all liens not approved by MOHCD. These are often negative liens such as for delinquent taxes, judgments, mechanics liens or any other liens that could jeopardize the City’s loan security
- Have received a Notice of Violation or Notice of Abatement from the Dept of Building Inspection
- Make under 120% AMI for your household size
- We also check the amount of assets you have. 2% of savings, which you have immediately available, will be added to the income calculation. This will not include your primary residence's value, or retirement funds.
|Household Size||120% AMI in 2018|
COVER loan details
- Maximum loan amount: On a case-by-case basis
- Interest rate: 1%
- Loan term: Deferred payments for a period of 10 years
- To see more details, download the program overview packet: COVER Loan Program Overview
Apply for a COVER loan
Upload your documents with Sharefile
Sharefile will ask you to create an account
If you are unable to send in your documents online, you can mail your documents to:
Mayor’s Office of Housing and Community Development
Attn: COVER Loan Program
1 South Van Ness Ave., 5th Floor
San Francisco, CA 94103
After you apply
- You must get 3 bids within 2 weeks, to address each Notice of Violation.
- Each contractor must fill out a Working Cost Summary in the Contractor COVER loan packet. This will be reviewed by MOHCD.
- Your contractor must be city-certified.
- You may hire your own contractor, but they must become city-certified.
- Download a list of city-certified vendors & find out how to become city-certified »
- Let MOHCD know which contractor you've chosen.
- We'll send you an approval letter and full loan documents for you to review.
- Sign these documents at MOHCD's office at 1 S Van Ness.
- These documents must also be notarized and recorded before construction is started.
- You are responsible for overseeing the project.
- You must also schedule the final walkthrough with the Department of Building Inspection.
- Get confirmation that the project is completed, in writing.
- If there are change orders, provide them to MOHCD right away for us to review and approve.
If you have any questions, contact Sheree Andersen at firstname.lastname@example.org