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.  Each program title is a link to the online application for each program.  Income guidelines apply and can be found on the right side of this page.  Call 216-529-4663 to speak with a staff member if  you would like more information.

For a complete list of available housing programs offered by the City and its partner agencies please see our 2022 Program Summary.


  • 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.


  • Rental properties 1 or more units
  • Low/moderate income requirements for tenants
  • 0% interest; partial forgiveness, up to $14,000 per unit
  • 120 months maximum loan
  • Eligible interior improvements – kitchens, bathrooms, painting, windows, flooring, electrical and plumbing
  • Common area improvements eligible; costs must be proportional to units assisted with federal funds
  • 5 year affordability period; Fair Market Rents required
  • Summary of Landlord Requirements


  • 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 Information