City of Cleveland, Department of Community Development
City-managed fund coordinating federal and non-federal resources for affordable housing construction and rehabilitation. Provides soft, cash-flow-contingent loans to developers. For-sale projects: up to $40,000 per unit in gap financing. Serves households at or below 60% AMI. ~$3.3M allocated in 2024. Individuals benefit through affordable homes built by nonprofits using HTF.
Primarily for developers; homebuyers benefit via affordable units built
Deadline: Annual RFP for developers; individual homebuyers benefit indirectly
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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