The GAP++ program has been suspended
Note:
Any City employee who has a GAP++ loan and is laid off, the loan will continue as though they are still an employee.
(2/16/10 Council minutes)
The GAP++ Employee Loan Program has been established to provide City employees with the financial assistance of a one-time loan to be used toward the purchase of a principal residence within the City of Ripon. This financial assistance is also available to employees who currently own a primary residence, but wish to purchase a different primary residence. (Proceeds from the current home must be used towards the new home, and the GAP++ loan would be used to fill the "gap" in the transaction. You must obtain City pre-approval with list of conditions, prior to purchase of the property.
GAP++Employee Home Improvement Loan Program
The City of Ripon GAP ++ Employee Home Improvement Loan Program (‘the Program’) has been established to provide City of Ripon employees (‘Participant’) with the financial assistance of a one-time loan by the City of Ripon (the ‘City Loan’) for home improvements of a principal residence located within the City of Ripon.