Cleveland Housing Investment Fund (CHIF)

LISC Fund Management / City of Cleveland / KeyBank

Available Home Repair

About This Program

Cleveland Housing Investment Fund (CHIF) is available to homeowners and renters in Cleveland, OH.

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

Official source site checked live on 2026-06-22.

Data last verified 2026-04-01. How we verify our data.

In Cleveland, OH, you can combine this program with other local help to cut your cost:

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

Get free help applying Visit Official Program Page Track this program

216-664-2900

A grant-savvy contractor in Cleveland, OH can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Cleveland early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

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).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Developers apply; residents benefit via finished affordable units

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Frequently asked questions

Who qualifies for Cleveland Housing Investment Fund (CHIF) in Cleveland?

Cleveland Housing Investment Fund (CHIF) is open to homeowners and renters in Cleveland, OH. It prioritizes low-income households.

How do I apply for Cleveland Housing Investment Fund (CHIF) in Cleveland, OH?

Apply directly with LISC Fund Management / City of Cleveland / KeyBank using the official program link on this page or call 216-664-2900. There is no middleman and no fee.

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