Those who have a current lien with the City of Topeka’s Housing Services Division may now have their lien released. This change is due to the City’s new Lien Release Program.
Over the past 40 years, the City has provided thousands of rehabilitation loans to citizens. After the City completed the rehabilitation, a lien was placed on the property, with a partial forgiveness after a period of time.
Under the new Lien Release Program, 100% of the loan with the City of Topeka’s Housing Services Division will be forgiven if the homeowner stayed in the home for a period of at least 5 years. To date, the City has done over 80 releases, which has helped put nearly $300,000 back into low-income households.
“By removing the lien on the property, we’re allowing people to be able to make improvements to their property by using their own funds. This was something we had been looking at for some time, and I’m excited to have it come to fruition,” said Corrie Wright, Division Director of Housing Services.
Only those who have a current lien with the City’s Housing Services Division will qualify for the Lien Release Program. The new policy will apply to future rehabilitation loans. Those with questions regarding the program, or to see if you qualify for a release of the lien, can contact the Housing Services Division at 785-368-3711.