The Lending Division provides financial assistance to homeowners who are in need of home repairs and also provides funding for first time homebuyers in need of down payment assistance.  

Loan assistance is provided for the following:

  • Home rehabilitation 
  • Rehabilitation with the purpose of transforming urban residential neighborhoods (only in designated TURN neighborhoods)
  • Emergency repairs to address health and safety issues
  • Architectural barrier removal for the handicapped
  • Hazard reduction (lead abatement)
  • First-time homebuyer down payment assistance 

Participants must:

  1. Own their home
  2. Be low- to moderate-income (owner-occupants or tenants of investor-owned properties)

CD-Lending Income Limits effective 6-15-22

  1. Live in a qualifying target area/neighborhood (for certain programs)
  2. Be credit-worthy
  3. Remain in the home (owner-occupant) or keep property (investor-owner) for a minimum number of years