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<br />CITY OF PARIS <br />HOME REHABILITATION LOAN <br />PROGRAM DESIGN <br /> <br />INTRODUCTION <br /> <br />The purpose and objective of this Rehabilitation! Reconstruction Program of owner occupied <br />housing is to assist low to moderate income families to obtain decent, safe and sanitary housing. <br /> <br />Further, through revitalization and conservation of existing housing stock, the City seeks to <br />restore and preserve environmentally pleasing neighborhoods, encourage additional home <br />maintenance, and provide incentive for redevelopment. <br /> <br />In the event it is not economically feasible to rehabilitate existing structures, replacement housing <br />will be considered as a viable option. <br /> <br />-1- <br />