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.

06/17/2026

Calling all Michiganders: Help shape the future of housing in Michigan by participating in the Michigan Statewide Housing Survey!

This public survey is the first step in the development of Michigan's Statewide Housing Plan 2.0, which will build on the progress of the first Statewide Housing Plan.

Your input will play a central role in creating the new plan and help inform goals and strategies for the years ahead. Everyone is encouraged to share experiences, concerns, and ideas about housing in Michigan.

Take the survey and make your voice heard: https://bit.ly/4oziOGf

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

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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