What does the term “owner-occupant” mean?

An “Owner-occupant” is a resident of a property who holds the title to that property. In order to qualify for the program, the property must be the primary place of residence for all owners.

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1. What kind of rehabilitation work can NPP provide?
2. How much money can I receive, where does it come from, and when must I pay it back?
3. Who performs the rehabilitation?
4. Who decides what work will be performed?
5. Is this a secured loan?
6. What are the requirements for contractors looking to bid on rehabilitation projects?
7. What constitutes a “household”?
8. What does the term “owner-occupant” mean?
9. Is a credit check required?
10. What if I’m going through a bankruptcy?