The Detroit 0 Home Repair Loans Program, a joint initiative between the Gilbert Family Foundation, ProMedica, and DTE Energy, offers 0% interest loans from $5,000 to $25,000 to help Detroit homeowners invest in and repair their homes. The program promotes public health and safety, increases property values, and helps residents secure and maintain their homes. The Detroit Home Repair Fund has expanded to $45 million in July 2022, with an additional $15 million from the State of Michigan. The program now has the capacity to repair up to 2,000 homes.
Eligibility requirements for the Renew Detroit Home Repair Program include being a senior (62+) or disabled at any age. Those who previously qualified for the Detroit Tax Relief Fund in 2022 will also be eligible for the Detroit home repair fund. The program is designed to help 1,000 Detroiters with incomes at or below 200 of the federal poverty line or a person making $27,180. The Detroit Home Repair Fund partners will oversee all facets of residential home repairs.
Eligible recipients are owner-occupied Detroit homeowners who have owned and lived in a Detroit home for at least 6 months. The Detroit Home Repair Fund partners will oversee all facets of residential home repairs. To learn more about the Detroit Home Repair Fund and see if you qualify for EEA program assistance, contact 866.796.0512 or send an email.
The Detroit Home Repair Fund partners will oversee all facets of residential home repairs. To apply for EEA program assistance, contact 866.796.0512 or send an email. Applicants must have a monthly debt payment lower than 45 of their income, which is a fairly standard for renovation loans but difficult for low-income Detroit residents.
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