Cleveland Housing Investment Fund (CHIF)
LISC Fund Management / City of Cleveland / KeyBank
About This Program
The Grant Map catalogs Cleveland Housing Investment Fund (CHIF) in its Cleveland, OH research directory. The record carries audience tags for homeowners and renters; those tags do not establish eligibility or current service coverage.
Mission-driven up-to-$100M fund managed by LISC Fund Management. Launched 2025 with $18M City of Cleveland grant + $20M KeyBank anchor investment. Finances affordable rental and for-sale housing for households under 80% AMI ($54,450 individual). First investments (Oct 2025): Parkside Homes (55 lease-purchase homes on east side) and Walton Apartments (52 units, age 55+, Clark-Fulton).
Individuals benefit via affordable units produced
The cited general URL responded on 2026-07-21; it does not confirm this program or amount.
Record set last reviewed 2026-04-01. How we verify our data.
Other published resources for Cleveland, OH, are listed below. Review each separately and ask the administrators whether they can coordinate funding for the same work:
- Repair-A-Home (RAH) 0-3% interest loan; 50% forgiven after 5 yrs
- Senior Homeowner Assistance Program (SHAP) One critical repair (grant, no repayment)
- Age-Friendly Home Investment Program (AFHIP) ~$10,000-$11,000 avg per job (ward-allocated)
- Healthy Homes Program Free remediation (grant)
Key Details
- Up to $100M fund for affordable housing in Cleveland
- $18M City of Cleveland grant + $20M KeyBank anchor investment
- Targets households earning less than 80% AMI (~$54,450/year individual)
- First projects: 55 lease-purchase homes (east side) + 52 senior apartments (Clark-Fulton)
- Individual residents benefit by applying for affordable homes produced
How to Apply
Some programs require contractor estimates, licenses, or inspections. A cited link may be general, so confirm the current rules with the administrator before hiring; a directory match does not guarantee contractor eligibility or funding.
You may need a contractor or estimate
Some programs for this project type ask for a license, inspection, or written estimate. Confirm the rule before contacting a contractor in Cleveland.
Get matched with a contractorEach administrator sets its contractor rules. Confirm exact requirements directly; the cited URL may be a general agency page.
Your application paperwork
Documents you will likely need
- Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
- A government-issued photo ID for every owner on title.
- Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
- A written estimate from a licensed contractor for the work (many programs require this to apply).
- Photos of the problem area or the work to be done.
- The program's own application form, completed (use the official link or phone number on this page).
Requirements vary by program and locality. Confirm the exact rules and application route with the administrator. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Developers apply; residents benefit via finished affordable units
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Frequently asked questions
What audience tags are recorded for Cleveland Housing Investment Fund (CHIF) in Cleveland?
The directory record carries audience tags for homeowners and renters. It also carries a low-income tag. These tags do not establish eligibility; confirm the complete current rules with the administrator.
How do I apply for Cleveland Housing Investment Fund (CHIF) in Cleveland, OH?
Confirm the application route directly with LISC Fund Management / City of Cleveland / KeyBank; use the cited source on this page as a starting point or call 216-664-2900. Confirm any fee or cost with the administrator.
Need a Contractor for This Project?
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More ways to save on this project
Rebates and discounts that may reduce project cost. Confirm eligibility and coordination rules before including one in your budget.
Find More Programs in Cleveland, OH
This is one of several kinds of assistance that may be available. Review other programs separately and confirm whether their administrators allow coordination for the same work.
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