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Deferred-Deferred Loan | Lakewood City Of - Department Of Planning And Development

12650 Detroit Ave., Lakewood City Hall, Lakewood, OH 44107

Eligibility

Open Lakewood residents age 65 or older or with permanent disability who own and occupy the home. There are household income limits (call for complete information).

Required documents

Agency will advise.

Hours

M-F: 8:00am-5:00pm

Application process

Call M F: 8:00am-5:00pm for application information.

Fees

Free

Service area

Lakewood, Ohio

Description

Provides no-interest home improvement loans to older Lakewood residents for repairs, improvements or to add or to improve wheelchair accessibility in the home (such as install a ramp or add an ADA bathroom). Loan can be up to $25,000. There are no monthly payments - loan becomes due only when borrower sells the property or dies.

Data provided by

211 Cleveland

Providing organization

Lakewood City Of - Department Of Planning And Development

Coordinates activities designed to retain existing businesses and attract new businesses to the city.