Homeowner Program
Low-Interest Loan
The Cleveland Restoration Society partners with City, County and State agencies to provide a subsidy for our low fixed loan rates.
Our low-interest loan product is financed through our sole lender, KeyBank. It has a fixed interest rate that is typically 3% below market, and is available at terms from 5 to 12 years.
There are no out-of-pocket costs for the loan and no points. Interest from the loan is tax deductible.
CRS staff provides loan clients with additional assistance such as: application processing, written construction specifications, locating qualified contractors and review of bids.
You are not required to use specific contractors and we do not require you to get a specific number of bids. Projects must be completed in 18 months and they will be certified upon completion.
How Does My Home Qualify?
What Types of Projects Can Be Funded?
How Do I Apply?
For more information contact the Cleveland Restoration Society Heritage Home Program:
heritagehomeprogram@clevelandrestoration.org
p: (216) 426-1000
