FORT WAYNE, Ind. (WPTA21) – As the temperatures drop, you might be tempted to turn up the heat.
But if your furnace goes out, you’ll be left with a hefty bill.
The City of Fort Wayne’s Housing & Neighborhood Services is offering a zero-interest loan program for those who might not be able to afford a new furnace or take out a traditional loan.
To apply, you’ll need to have a household income at or below 80 percent of the Area Median Income, or $55,050 for a family of four.
The program offers zero percent interest ten-year loans for heating/air conditioning replacement projects.
You can apply by calling 260-427-8585.
You’ll be asked a series of brief questions and then will be asked to leave their contact information on a voice mail system. Someone from the Office of Housing & Neighborhood Services will call them back to determine their eligibility.
The funding for this program comes from the U.S. Department of Housing and Urban Development (HUD).
The city said residents will be served on a first-come-first-serve basis.
Once the funds run out, they’ll close the process