2.0% Heritage Home Loans End December 31, 2025

Since 2012, the Heritage Home Program, offered in partnership with Cuyahoga County, has offered a 2% interest rate to borrowers in your community for home improvement loans.  This low rate, combined with project assistance from Cleveland Restoration Society, has provided owners of older homes (50+ years old) with the tools necessary to maintain and improve their homes.  We regret to inform you that this particular loan product and its very low interest rate will end on December 31, 2025, but please know we expect a new low-interest loan product to be available in early 2026. 

KeyBank has been a partner in the Heritage Home Program for 32 years.  We are grateful for their engagement over these many years. KeyBank will honor the low 2% fixed rate for borrowers in your community if an application is made by the end of this calendar year.  The low rate will apply to loans approved and funded in 2026 with the proviso that an application is made at the bank before December 31, 2025.   

Cleveland Restoration Society is engaged in discussions with the Cuyahoga County Treasurer’s Office, KeyBank and another lender to develop new Heritage Home Program loan products. The interest rate on those new products has not yet been determined but they will not be close to the unprecedented 2% rate. Of course, the Heritage Home Program technical assistance remains unchanged and available to homeowners as we transition to a new lending product.