Programs & Assistance for Homeowners

Local Grants & Loans

The City of Stevens Point and community partners manage several programs that help homeowners finance repairs and improvements to their properties.

Neighbor Helping Neighbor

Neighbor Helping Neighbor is a grant program for low to moderate income residents which can provide a $2,500, and potentially up to a $5,000, reimbursement, with applicant matching funds, for exterior property improvement projects.

Residential Structure Demolition

Residential Structure Demolition is a demolition program that will reimburse a property owner up to $15,000 who razes a dwelling and builds a new single family home within 12 months.  

Multi-Family Conversion Program

The Multi-Family Conversion Program assists owners of multi-family homes return them to one-unit, owner-occupied designs.

Housing Modernization Loan Program

The Housing Modernization Loan Program is an income-qualifying loan program designed for residents needing financial assistance to perform necessary updates to their homes. This program is intended to complement other existing programs, and residents earning less than program requirements are encouraged to utilize other existing programs.

CAP Services Loans

CAP Services provides financial assistance to low- to moderate-income homeowners or landlords who rent to low-income residents to make necessary home repairs and/or improvements through their loan and weatherization programs. Loan funds must be used toward improvements to the house that correct health and safety problems, conserve energy, enhance the livability of the property, and/or extend the life of the property. For more information regarding CAP Services programs, visit the CAP Services website and call the appropriate contact.

Community Development Block Grants

No interest loans available to low to moderate income residents of Portage County for various rehabilitation projects.

Other Resources for Homeowners

Residential Energy

Several agencies assist homeowners to improve the energy efficiency of their homes, including Focus on Energy, the Portage County Public Library, CAP Services, and 2-1-1 Wisconsin, by making energy assessment and financial assistance available. Our Residential Energy Resources page includes links to these agencies and three energy efficiency workshop videos. Beginning January 1, 2023, the federal Energy Efficiency Home Improvement Credit has changed to increase the total annual credit for certain qualified expenditures.

Solar Energy

The City of Stevens Point is a SolSmart community that ensures residents have a simple process to install solar systems on their residences and commercial properties. Residents interested in solar energy should review the permitting process on our website and sign up for an upcoming Solar Power Hour hosted Grow Solar Central Wisconsin.

Habitat for Humanity

The Central Wisconsin Chapter of Habitat for Humanity constructs new homes in existing neighborhoods for qualifying families. The City assists Habitat with securing and funding their building sites.