TOMS RIVER - A family that exhausted many other options for rebuilding their home after Sandy is finally getting the work down thanks to a rarely-used federal loan.

One year and nine months after the storm, the Braden family house has been raised with a new concrete foundation.  

They used a Federal Housing Administration 203K loan designed for rehabilitating and buying houses.  

The home must be a primary residence and interest rates can be high, but it has worked for the Bradens who are paying 4 percent interest to build their dream house. 

"It's the only way we would've been able to do this because we didn't have the cash flow to do it ourselves," says Cheryl Braden. "Any construction loan wouldn't even consider it because the house was torn apart and nothing to work with."

The Braden family hopes to be back in their house by the fall.