Community Development Corporation Purchase Rehabilitation Program

CASH’s Purchase Rehabilitation Program will assist you by:

• Collaborating on the scope of rehabilitation and design. CASH and the CDC Project Manager will conduct a joint inspection of the property to develop specifications for the work and formulate cost estimates. In all instances, CASH’s Construction Specialist will consider the CDC’s desired repairs as well as repairs to protect the health and safety of the home’s future occupants.
• Managing construction through on-site inspections. CASH will take care of the details throughout the entire construction process. Our Construction Specialists will meet with contractors and continually inspect the property.
• Administering contracts between you, the CDC, and the contractor hired to complete the repairs. All contracts will be base upon an agreement between the CDC, CASH and the contractor to a set of specifications and cost estimates.
• Disbursing the funds for the project. CASH will act as the escrow agent between the CDC and the bank. Funds needed to pay for the repairs to your property will be sent to CASH, as they are responsible for paying the contractor. All payments will be approved by the CDC.

Getting Started
Please contact Marcia Nolan, CASH Executive Director, at 216-621-7350 to begin the process.