Detroit 0% Interest Home Repair Loan Program

Detroit 0% Interest Home Repair Loan Program The Detroit 0% Home Repair Loan Program offers 0% interest loans from $5,000 to $25,000 to help Detroiters preserve their homes and build family wealth.

The Detroit 0% Interest Home Repair Loan Program launched in March 2015 is a city-led partnership between the Local Initiatives Support Corporation (LISC), Bank of America and the City of Detroit. The Detroit 0% Home Repair Loans Program offers 0% interest loans from $5,000 to $25,000 to help Detroit homeowners invest in and repair their homes – promoting public health and safety, increasing prope

rty values and helping residents secure and maintain homeowner’s insurance. Homeowners have ten years to pay back the loans, which are provided at 0% interest. That means homeowners pay back only what they borrow. This is a public-private commitment focused on revitalizing Detroit’s neighborhoods. Eligibility criteria includes: 560 credit score, 45% debt-to-income ratio and 150% loan-to-value ratio.

Register today!!
04/01/2026

Register today!!

Wayne County Housing Summit: Explore the new County Zoning Map, gain experiences, and collaborate to advance housing across the region.

01/30/2026

01/20/2026

05/14/2025

We mourn the loss of Angela Brown Wilson, a beloved community leader on Detroit’s East Side. As an influential force behind the founding of U Snap Bac, and as the Co-Founder and Chief Operations Officer at ECN, her vision and dedication uplifted countless lives. Her legacy will live on in the community she helped build. 🕊️

Address

3031 W. Grand Boulevard, Suite 560
Detroit, MI
48202

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+13132652928

Website

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