Home Improvement Loan | Lakewood City Of - Department Of Planning And Development
Offers low-interest loans to Lakewood residents who want to improve their homes or to add or to improve wheelchair accessibility in the home (such as install a ramp or add an ADA bathroom). Maximum loan is $25,000, with term up to 20 years. Grant assistance is available up to 50% of loan (maximum $4,000) to offset cost of qualified exterior improvements. The loan will be secured by a lien on the property.
Data provided by
211 Cleveland
Physical Address
12650 Detroit Ave., Lakewood City Hall, Lakewood, OH 44107
Hours
M-F: 8:00am-5:00pm
Fax
(216) 529-5907
Application process
Call M-F: 8:00am-5:00pm for application information. Then the property must be inspected, and bids obtained by applicant from registered contractors. The bids will be submitted to complete the application.
Fee
Free
Eligibility
Applicant must own and reside in Lakewood home on which improvements or repairs are to be made (condominium owners can apply for interior renovations). Better terms may be available for those age 65 or older, or who are permanently disabled. There are specific household income guidelines.
Service area
Lakewood, Ohio
Agency info
Lakewood City Of - Department Of Planning And Development
Coordinates activities designed to retain existing businesses and attract new businesses to the city.