Cleveland Action to Support Housing (CASH) recently relocated to new, renovated office space at 4001 Detroit Ave., in the Ohio City office of Progressive Urban Real Estate.
PURE and CASH share in their missions a commitment to revitalizing the city of Cleveland and urban neighborhoods, making their co-tenancy ideal. Both organizations are looking forward to potential collaborations in the future.
Cleveland Action to Support Housing is a non-profit founded in the late 1970s that works with banks to offer low-interest rate loans for the rehab of properties in the city of Cleveland. Investors and owner-occupants are encouraged to apply. CASH's current interest rate is 3.4%, well below the market rate of 6%+. This discounted rate encourages investment in the city, and allows owners to save thousands of dollar in interest payments and build equity more quickly.
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