City of Green and Cleveland Restoration Society Partner to Offer Heritage Home Program to Homeowners in Green

City of Green Partners with Cleveland Restoration Society to
Offer the Heritage Home Program, which provides low-interest loans
and/or restoration consulting for restoration of homes built before 1961

GREEN, OH - The City of Green is pleased to announce it is partnering with the Cleveland Restoration Society (CRS) to introduce, the Heritage Home Program, a specialized maintenance program for homes that are 50 years of age and older.

The program, which is administered by the nonprofit CRS and supported by the Ohio Housing Finance Agency and the State Treasurer, provides low-interest financing and free technical advice to enable homeowners in participating cities to maintain and update their historic buildings. This program is now available to all owners of older homes throughout the City of Green.
The professional Heritage Home Program staff will provide free, in-depth assistance to homeowners via site visits to answer questions, custom construction specifications, project planning assistance, historic color consults, collateral materials and more. They give unbiased advice on products and services for older homes, so you can give them a call for a first look or a second opinion. CRS's preservation staff has made over 2,500 home visits in participating cities over the past nineteen years, and they are now excited to offer their services in Green.

Homeowners can also apply for the low-interest Heritage Home Loan, which is at a below-market, fixed-rate, to fund a wide variety of home maintenance, restoration and improvement projects. Houses built before 1961, are owner occupied or 1-3-rental units, and retain much of their original architectural characteristics, are eligible to apply. Examples of qualifying projects are roof replacement and repair, painting, porch repair, sensitive additions, window repair, storm windows, kitchen and bath renovations, green retrofits and much more. KeyBank is the sole partner lender for this program. There are no upfront, out of pocket cost for the Heritage Home loan ─ a small CRS technical assistance fee and the Bank's $125 origination fee are included in the final loan amount ─ and there are no closing costs or points involved. In addition, the accrued interest from the loan is tax deductible.

If you are interested in finding out more about the Green Heritage Home Program, or to see if your house and project pre-qualify to apply for the loan, contact the Green Heritage Home Program, toll-free, at 855-897-1949. You can also email the Green Heritage Home Program at heritagehomeprogram@clevelandrestoration.org.

The Cleveland Restoration Society is the region's largest non-profit preservation organization, and is a Local Partner affiliate of the National Trust for Historic Preservation. Founded in 1972, CRS is dedicated to the preservation of Greater Cleveland's historic resources. The Green Heritage Home Program will aid and expand these efforts by providing the residents of Green with quality information and access to funding to undertake home rehabilitations with an historic preservation approach.
To learn more about CRS, visit www.clevelandrestoration.org.

The City of Green, Ohio, founded in 1992, is a prosperous, progressive and promising city with more than 25,000 residents. Approximately 33.5 square-miles, Green is located in southern Summit County. Visit www.cityofgreen.org.