City of Euclid CDBG Activity Summary Report Program Year 2025
EDCOR Continues Loan and Assistance Programs for Homeowners
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Description
The City of Euclid continued its partnership with the Euclid Development Corporation (EDCOR) in 2025, providing $267,144.75 in low-interest home improvement loans to 18 qualified homeowners and $220,000.00 in down payment assistance to 22 first-time homebuyers through HOME funds.
Contract Details
Contract Amount
$267,144.75 loaned to 18 homeowners; $220,000.00 (22 Down Payment Assistance Loans)
Vendor
EUCLID DEVELOPMENT CORPORATION
Agency
City of Euclid, OH
Contract Type
FINANCIAL_SERVICES
Document Date
March 16, 2026
Contract Term
Program Year 2025
Renewal Date
2028-06-30
Renewal Info
Consortium agreement with Cuyahoga HOME Consortium is renewable every three years; current term renewed in 2023 through 2028.
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City of Euclid CDBG Activity Summary Report Program Year 2025
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City of Euclid CDBG Activity Summary Report Program Year 2025
City of Euclid CDBG Activity Summary Report Program Year 2025
City of Euclid CDBG Activity Summary Report Program Year 2025
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