Attention Los Angeles Property Owners:
Does your building meet California earthquake safety standards?
If your Los Angeles building is either:
• Pre-1978 wood-frame soft-story or
• Non-ductile concrete,
it is highly likely you will qualify for the Los Angeles Mandatory Retrofit Program.
Clearinghouse CDFI offers financing options for property owners required to participate in the LA Soft-Story or Non-Ductile Concrete Retrofit Programs. Loan guidelines include:
- $250,000 minimum loan amount
- First lien position
- Streamline approval up to $2 million
- Special long-term fixed-rate financing at a rate as low as 6.5%
- Up to 80% Loan to Value
Contact us now if you are interested in retrofit financing options from Clearinghouse CDFI. We will get in touch with you promptly.
Download the CCDFI Earthquake Retrofit Financing Flyer