Mayfield Heights has many older homes that are worthy of preserving and improving. In order to help homeowners do this, Mayfield Heights has continued its participation in the Heritage Home Programsm into 2015. The Heritage Home Programsm is a specialized service for homes over 50 years old that is operated by the Cleveland Restoration Society (CRS).
The most important feature of the Heritage Home Programsm is that it offers free Technical Assistance and advice to the owners of older homes. The free Technical Assistance offered by the Heritage Home Programsm is completely impartial and independent. CRS does not have any products or services that it sells to the homeowners and does not charge the homeowner for the advice. Technical Assistance can include:
Site visits at the property conducted by Heritage Home Programsm staff
Assistance finding contractors
Help reviewing estimates from contractors
Color consults for exterior painting
Another feature of the Heritage Home Programsm is its low-interest equity loan program. Homeowners can use this to cover the cost of maintenance and improvement work. The interest rate on these loans is a fixed rate of 1.85% from First Federal Lakewood or 2.0% from Key Bank. Heritage Home Programsm loans can be for interior as well as exterior repairs, maintenance, additions and modernization projects. Kitchen and bath remodels are two popular uses of Heritage Home Programsm loans. The only things that cannot be done with a Heritage Home Programsm loan are luxury items such as swimming pools or hot tubs, vinyl siding or windows, driveways, and landscaping.
For more information, call (216) 426-3116 or visit their website. We hope you will take advantage of this excellent service and, as always, please don’t hesitate to call the City Hall offices with any questions.