Home Improvement Loan

At Euclid Development Corporation (EDCOR), we believe that every resident deserves access to safe, affordable housing and resources to help build a better future.

3% Home Improvement Loan

Cuyahoga County CDBG Income Limits 2026

Household size Maximum annual income (80% AMI)
1 $58,800
2 $67,200
3 $75,600
4 $84,000
5 $90,750
6 $97,450
7 $104,200
8 $110,900

Is your Euclid home in need of repairs or upgrades, but finances are standing in the way? EDCOR's low interest home improvement loan program can help. With long repayment terms and a fixed 3% interest rate, these loans make critical home upgrades achievable for eligible Euclid homeowners. Maximum loan amount of $30,000.

*Income amounts are effective as of May 2026 and are subject to change.

To discuss your home improvement plans and see if you meet program requirements, email us at info@edcor.org or download the Home Improvement Loan Information Pack and Loan Application below:

Apply Online for the Home Improvement Loan

    • Exterior/interior repairs

    • System upgrades (electrical, plumbing, HVAC)

    • Remodeling projects

    • Lead paint hazard reduction (up to $500 in renovation costs forgiven)

    • Maximum loan amount: $30,000

    • 3% fixed interest rate

    • No fees or charges

    • 10-year repayment term

    • Special repayment options for seniors and disabled residents

    • Own and live in a one or two-family dwelling in Euclid, OH for a minimum of 1 year

    • Have equity in your home

    • Meet income eligibility guidelines*

    • Income verification

    • Homeownership documentation

    • Proposed project list

    • Monthly household budget

    • Home insurance policy

    1. You must be a resident of the city of Euclid, Ohio.

    2. You must own and reside in the home in which the proposed improvements are to be made.

    3. If you own a two-or three-family dwelling, you must reside on one of the units and only that unit may receive funding.

    4. You must have equity in your home.

    5. You must have owned and lived in your home for at least one year.

    6. Your household/combined income must be within the published Federal guidelines.*

Home Improvement Loan Information Packet (opens in Google Drive)
Home Improvement Loan Application (opens in Google Drive)