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The city can also provide further incentive to homebuyers with a $15,000 deferred second-mortgage downpayment assistance loan, although Stone noted that “if you move, you’ve got to pay it back.” | The city can also provide further incentive to homebuyers with a $15,000 deferred second-mortgage downpayment assistance loan, although Stone noted that “if you move, you’ve got to pay it back.” | ||
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Revision as of 17:51, 3 January 2024
Start Right’s Caledonia Homes site [1] 23 new single family homes in the $200,000 to $230,000 range, with a 15-year, 100 percent tax abatement provided through the citywide Community Reinvestment Area (CRA) enacted across Cleveland Heights in 2018.
The city can also provide further incentive to homebuyers with a $15,000 deferred second-mortgage downpayment assistance loan, although Stone noted that “if you move, you’ve got to pay it back.”
Links to this page
- Caledonia CDC (← links)