Photo courtesy of Knez Homes

Mayor’s Neighborhood Transformation Initiative Down Payment Assistance Program

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Qualify for up to $20,000 to purchase your new home! The Mayor's Neighborhood Transformation Initiative DPA is an effort to support the Glenville-Circle North neighborhood of Cleveland.

We believe homeownership should be within reach for every family.

About the Program

Eligible Homes

Eligible homes must be located in the Glenville-Circle North neighborhood of Cleveland.

Homes must be fully-renovated or new construction.

Eligible Buyers

There are no income restrictions for buyers to participate.

Buyers must be bankable and have the ability to secure a first mortgage from a private lender.

Buyers must occupy the home for a period of five years after the sale.

The $20,000 down payment assistance will be provided to the buyer as a 0% deferred second mortgage which will be forgiven after 5 years.

Borrowers must contribute to the transaction:

Income below or at 120% AMI = 3%.

Greater than 120% AMI = 5%.

Further program qualifications and eligibility requirements apply.

Eligible developments in Glenville-Circle North are constructed and renovated by the organizations below.


Renovated homes: Famicos Foundation