| Typical
Improvements |
| Loans may be used to eliminate any potential housing safety violations and on
general property improvements such as: |
| • |
Roofs, gutters and downspouts |
| • |
Driveways and sidewalks |
| • |
Furnaces and hot water heaters |
| • |
Upgrading of electrical systems |
| • |
Bathroom replacements |
| • |
Ceiling and wall insulation |
| • |
Storm and replacement doors and
windows |
| • |
Waterproofing basements |
| • |
Upgrading kitchens |
| • |
Plumbing |
| • |
Exterior painting |
| • |
Carpentry repairs |
| • |
Plaster repairs |
| The First Step In Getting A Loan |
| Contact
Jim Blocksidge, Program Coordinator (216-529-5906) to schedule an appointment to fill out an application.
You will need to supply the following information: |
1. |
If you're employed,
a recent paycheck stub. |
2. |
Last year’s W-2’s and federal tax return
with all attachments, if filed. |
3. |
If you're retired, current written monthly
allowance verification. This can be obtained by calling Social Security toll-free
at 1-800-772-1213. |
4. |
If you receive other pensions, written verification
of monthly allowance. |
5. |
Verification of interest and dividends received from
savings accounts, stocks, bonds, etc. |
6. |
Verification of the outstanding
principal balance and monthly payments of any mortgages on the property. |
7. |
Outstanding liabilities (credit cards, car loans, credit union, etc.) including
monthly payments. |
8. |
Month and year your home was purchased and purchase price. |
9. |
Market value of your home as listed on most recent tax appraisal. |
10. |
Birthdate
and Social Security number of spouse, if applicable. |
11. |
Recent utility bills
(water, electric, gas). |
| What To Do Next |
1. |
Have your property
inspected. A mandatory inspection and evaluation of your property is completed
by one of our Project Specialist to verify the work to be completed. This review
is confidential and is not shared with any other city departments or divisions.
Bid specifications will then be completed which you can use to obtain contractor
estimates. |
2. |
Obtain cost estimates from contractors chosen by you who are
registered to work in the City of Lakewood. As a courtesy, we can provide you
with a list of contractors. |
3. |
Submit your cost estimates to us. The Division
of Community Development Loan Approval Board will then consider your application.
We are eager to work with you and will do all that we can to approve your application. |
