Commercial Property Assistance Private Loan Products & Services Nonprofit Organizations' Products & Services City of Cleveland Rehab Loans & Inventives
Commercial Property Assistance
Private Loan Products & Services
Nonprofit Organizations' Products & Services
City of Cleveland Rehab Loans & Inventives
For Resident programs and assistance, click here.
Storefront Renovation ProgramStorefront Renovation Program (SRP) offers technical, design and financial assistance to commercial property owners whose retail (storefront) buildings are located in the Detroit Shoreway neighborhood. The goal of the SRP is to assist commercial property and business owners in achieving a comprehensive exterior rehabilitation that not only provides an aesthetic visual impact to the retail district, but makes the businesses operating within the storefront(s) competitive in Cleveland’s regional shopping market. The SRP offers a 40% rebate (up to $25,000) to the property owner upon completion of construction per design standards and labor/wage requirements. Call Nick Fedor, Director of Economic Development, at 216-961-4242 to learn more.Neighborhood Retail Assistance Program601 Lakeside AvenueWeekdays 8 am to 5 pm(216) 664-3720The Neighborhood Retail Assistance program or ‘NRAP’ program is structured to provide grant and loan assistance (up to $40,000) to small retail-related businesses and targets projects which will upgrade the exterior appearance and feel of retail districts. These projects include landscaping, lighting and signage, enhancements which have proven to have a positive effect on the economic vitality, vibrancy, and image of a community.
Private Loan Program Products & Services
Call Matt Lasko, Director of Housing, at 216-961-4242or email@example.com for information about all of the products and services below.
Charter One Bank
(A) EZ Home Improvement Loan
* Program is available for home improvement purposes. Applicant must reside in a low- to-moderate income census tract or have an income at 80% or less of area median income. Interest rates are subject to change.
(B) Energy Efficiency Loan
* Program is limited to home improvements loans that increase the home’s energy efficiency. Contractor’s estimates are required. Applicant must reside in a low-to-moderate income census tract or have income at 80% or less of area median income. Interest rates are subject to change. For additional information, please call any local Charter One bank branch.
(A) Home Works Home Improvement Loan
* No home equity required. No obligation fees. No closing costs. No prepayment penalty. For additional information visit any Dollar Bank branch or call 1-800-242-BANK
Fifth Third Bank
(A) Streamline 203K Rehabilitation Program
For additional information please contact Tim Gossman at (216) 274-5428 or via email by firstname.lastname@example.org or contact Randy Koepsel at (440) 461-5747 or via email at email@example.com.
First Merit Bank
(A) Home Style Renovation Mortgage
(B) Streamline 203K Rehabilitation Program
For additional information, please call Roy Buser at (216) 688-0756 or via email at firstname.lastname@example.org.
Huntington National Bank
(A) Community Access Mortgage
For additional information, please call Nelson Custer at (216) 515-6963 or via email at Nelson.Custer@huntington.com.Key Bank
(A) 203K Program
For additional information, please call Eddy Chatmon at (216) 692/8112 or via email at Eddy_Chatmon@keybank.com or Maria Anderson at (216) 410-5950 and via email at Maria_I_Anderson@keybank.com.PNC Bank
(A) FHA 203K Streamline
For additional information, please call Terrence McChrystal at (216) 222-3591 or via email at Terry.McChrystal@pncmortgage.com.
(A) American Dream with Repair Escrows
For additional information, please call Laura Malone at (216) 475-7812 or via email at email@example.com.
Nonprofit Organizations' Program Products & Services
Cleveland Action to Support HousingCleveland Action to Support Housing (CASH) formed as a non-profit in the 1970’s with the mission of encouraging revitalization in Cleveland neighborhoods. CASH collaborates with local lenders to provide home rehabilitation loans to homeowners at low interest rates. CASH will also assist in qualifying contractors and ensuring that you receive a fair price for your home repairs.
(A) Cleveland Action to Support Housing
For additional information please contact Cora Donley at (216) 621-7350 or by email at firstname.lastname@example.org or visit www.cashcleveland.org. * Interest rates adjusted quarterly.
Heritage Home Program (HHP)The Heritage HomeProgram is a program of the Cleveland Restoration Society, a nonprofit501(c)(3) community organization that uses the powerful tool of historicpreservation to revitalize our City’s neighborhoods. Founded in 1992, theHeritage Home Program provides free technical advice and low-interest,fixed-rate financing for home repairs and upgrades.
(A) Heritage Home Program
For additionalinformation, please contact Heritage Home Program staff at (216) 426-3116 or HHP@heritagehomeprogram.org.More information can be found at www.heritagehomeprogram.org.
Neighborhood Homeowner Services of Greater ClevelandFor over 32 years, Neighborhood Housing Services of Greater Cleveland (NHSGC), a trusted not-for-profit organization, has provided families in Northeast Ohio with the housing education and home repair loans they need to buy, improve and keep their homes. NHSGC partners with the private and public sectors to help more than 1,400 people each year attain homeownership and improve their homes.
(A) Home Repair Loan
For additional information please contact Anne Kodash at (216) 458-4663 or by email at email@example.com or visit www.nhscleveland.org.
Housing Enhancement Loan Program (HELP)HELP allows homeowners in most Cuyahoga County communities to borrow money for repairing or remodeling homes at three percentage points below a bank’s market rate for home improvement loans. As of 08/24/2007, HELP has facilitated more than 6650 loans totaling over $86.5 million. The average amount of a HELP loan is about $12,000.
For additional information please contact participating lenders (Fifth Third Bank, Huntington Bank, Key Bank, PNC, US Bank) or visit http://treasurer.cuyahogacounty.us/pdf_treasurer/en-US/helphandout.pdf.
City of Cleveland Housing Rehabilitation Loans and Incentive Programs
Senior Housing Assistance Program (SHAP) Small grants are available through the Department of Aging for elderly (60+) and disabled low-income homeowners, who reside in (and own) single or two-family homes in need of critical, health, safety and emergency maintenance repairs. * For additional information call 216.664.2833.
Home Weatherization Assistance Program (HWAP) Grants of approximately $3,250 per unit are available through the State of Ohio for homeowners and tenants who meet the low-income guidelines listed below. The free weatherization is performed by private contractors trained to State of Ohio standards. The City shares its State allocation with these six delegate agencies: Cleveland Housing Network, Cudell Improvement, Inc., Detroit Shoreway Community Development Org., Fairfax Renaissance Development Corp., Community Housing Solutions, and Mt. Pleasant Now. *For additional information call 216.664.4052 or 216.961.4242.
Loans ranging from 0% to 3% interest are available to owner occupants of 1-2 family dwellings who meet income guidelines. Monies must be used to repair homes to meet code and housing quality standards. Ability to repay loan is consideration. Loan amount and repayment terms depend upon the applicant’s disposable income. * For additional information call 216.664.2045.
GORDON SQUARE ARTS DISTRICT |
CAPITOL THEATRE |
The Detroit Shoreway Community Development Organization | 6516 Detroit Avenue | Cleveland, Ohio 44102 | 216.961.4242