The Gap Rebuild Program
After the Eaton wildfire, many Altadena homeowners discovered that insurance, if available at all, paired with other financial resources was not enough to cover the full cost of rebuilding.
ALI's Gap Rebuild Program helps close that financial shortfall, so families can rebuild now without taking on traditional debt. The program combines zero-interest gap financing with a network of participating builders and coordinated rebuild support designed to help families return home more efficiently and cost-effectively. Financing is delivered through a designated lending partner, with repayment structured to occur from future legal settlement funds and secured by a lien on the property.
To support consistent pricing, construction oversight, and coordinated administration of rebuild funds, Gap Rebuild Program financing is currently available to homeowners who rebuild with an ALI participating builder.
The program is supported exclusively by philanthropic and mission-aligned capital partners, and assistance is provided based on available funding.
Zero Interest
The amount you borrow is the amount you repay, nothing more.
No Monthly Payments
No payment obligations while you’re focused on recovery and rebuilding.
Repayment Tied to Recovery
Repaid from future recovery funds or upon sale/refinance on your timeline, not a lender’s.
Rebuild with a Participating Builder
Gap Rebuild Program funding requires working with a participating ALI Network Builder. These pre-reviewed builders offer experienced, cost-efficient rebuilds, and you choose the one that best fits your needs.
Frequently Asked Questions
What is a gap loan?
A gap loan covers the difference between the full cost to rebuild your home and the funds you already have available—such as insurance proceeds and other recovery resources. It fills the shortfall so rebuilding can move forward.
Who provides the loan?
Loans are issued through a designated lending partner. Altadena Land Initiatives funds the program and supports applicants through the process, but is not a licensed lender.
How is the loan repaid?
The loan is repaid from future recovery funds—such as proceeds from the anticipated Edison settlement—or upon a sale or refinance of the property, consistent with the loan terms.
Who is eligible?
Eligibility is based on wildfire impact, homeowner occupancy, and the availability of future recovery funds. Each application is reviewed individually and subject to ALI's funder's requirements.
How is the program funded, and how does that affect eligibility?
ALI sources capital from philanthropic partners, corporate contributors, and private capital. Because each funding source may have its own guidelines, eligibility requirements and loan terms may be adjusted accordingly.
How does ALI work with builders?
ALI works with a network of vetted builders that participate in the Gap Rebuild Program. Because the program is designed as a coordinated rebuilding solution, homeowners seeking gap funding must work with one of ALI's network builders. This approach helps streamline coordination among homeowners, builders, lenders, and inspectors while supporting efficient and cost-effective rebuilding. Builders remain responsible for construction management, timelines, and quality.
What if I’m not sure I qualify?
Reach out anyway. Every situation is unique, and ALI reviews each application individually. There’s no cost and no obligation to inquire.
How do I get started?
Contact ALI to learn more and discuss your situation. We’ll walk you through the information needed to assess your eligibility and help you understand your options.
Ready to Explore Your Options?
There’s no cost, no obligation, and no pressure. If you’re an Altadena homeowner affected by the Eaton wildfire, we’re here to help.