Housing Financial Assistance Programs | The City of Lakewood, Ohio

Housing Financial Assistance Programs

Housing Financial Assistance Programs

The Department of Planning and Development offers a number of programs that may assist you in making improvements to your home or coming into compliance with a correction notice. If you qualify on income, you may be eligible for grants, forgivable loans, low-interest loans or rebates. If you are a senior (65+) or disabled, you may also qualify for a deferred loan with zero interest. You would not have to make payments for the improvements to your home.

Below is a short description of each of the programs the Department of Planning and Development has to offer. Call 216-529-4663 to speak with a staff member to learn more. Income guidelines are apply and can be found on the right side of this page.


  • Owner occupied
  • Low/moderate income requirements
  • Secured by a lien on the property
  • Repayment Options:
  • 3% loan – $25,000 maximum; repayment terms based on credit history and income; may not exceed 240 months.
  • 0% Deferred Payment Loan – Applicants must be 65+ or permanently disabled; payment in full due when property is no longer owner occupied.
  • Emergency Loans – for single item repairs.


  • One to three family units
  • Low/moderate income requirements for tenant
  • Fifty percent (50%) or more of tenants must meet the income requirements depending on the number of units:
  • 5% simple interest; $15,000 per unit maximum loan
  • 120 months maximum loan


  • Owner occupied
  • Low/moderate income requirements
  • Must bring exterior into exterior compliance with Division of Building and Housing
  • Rebates available for qualified exterior & interior improvements
  • 50% up to $10,000 for eligible repairs including but not limited to roofs, exterior painting, porch repairs, concreter, masonry repairs, or
  • Up to $5,000 for repairs to sewer line connections, dye test required


  • Owner occupied
  • Low/moderate income requirements
  • Free energy audit
  • Up to $5,000 grant assistance for approved improvements.

*New and/or replacement windows and air conditioning are not covered under the program. 

Program Guidelines

  • Income Qualifications+-

    Household Size – Maximum Income

    1                                              $39,600

    2                                              $45,250

    3                                              $50,900

    4                                              $56,550

    5                                              $61,100

    6                                              $65,600

    Please note, income guidelines may change without notice.

  • Documents+-

  • Other Assistance Programs+-