The Housing Rehabilitation Loan Program is designed for low and moderate income homeowners to address safety and public health code violations, as well as provide funds for necessary house repairs. 

The Housing Rehabilitation Loan Program pays for 100% of total exterior housing rehabilitation project costs, with 75% of total project costs reimbursed by the applicant and secured by a Deed of Trust and Promissory Note with a term of sixty months. 

For more information, see the application here.

The Demolition program is designed to eliminate residential or commercial structures that are in such disrepair that it constitutes a safety concern, and rehabilitation is not a viable option. This program offers most property owners who cannot afford to demolish the structure funds to eliminate that portion, or all of the structure, that is in violation.

View the guidelines and application here.  

The Revolving Loan Fund is administered by the City. The funds originated with the Missouri Department of Economic Development (MoDED), and because of this, when the City wishes to use these funds to loan for an economic development project the State must be notified and approve loaning the funds. Additionally, the Kirksville Industrial Development Authority (KIDA) must be notified and approve loaning the funds. Generally, if the parameters set by Council policy are met, the loan is ultimately forgiven. All loans are made at an interest rate 1/3 of prime. There are a limited amount of monies available at this time. 

If you are interested in applying for a Revolving Loan, please contact Ashley W. Young, Assistant City Manager.