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Hamilton County Home Improvement Program

 

HIP

A program by the Hamilton County Commissioners 

What is HIP? 

The Hamilton County Property Improvement Program allows homeowners in Hamilton County communities to borrow money to repair or remodel their residential or commercial properties at interest rates 3% less than a bank would normally offer.  The process typically takes less than 14 days.  Loans may be used for... 

Room additions

Siding, Windows & Doors

Kitchen Remodeling

Gutters & Roofs

Landscaping

Paint & Carpeting

Central Air & Furnaces

Bathrooms

Ceilings & Walls

Plumbing

Decks

Garages 

* Excludes Luxury items and appliances 


How it works: 

  • Loans at 3% below market rate, 5 year term, loans from $1,500 to $50,000 

  • Only one outstanding loan at any given time

  • Available in participating Hamilton County communities, including Colerain Township

  • No Income minimum or maximum (must be able to meet bank's credit requirements)

  • For new projects only - cannot be used to re-finance existing loans or for previously completed work

  • For single and two-family homes and commercial properties must have an assessed value less than $350,000 (based on Hamilton County Auditor's appraisal)

  • No property value limit on multi-family dwellings (three or more units)

  • Owner-Occupied and Investment Dwellings

  • Can also be used for code violation compliance and property upgrades

Once work is completed, the property owner simply has to make a phone call to the contact person for his or her community. An appointment is scheduled to view the completed project. Once the work has been verified, the process is complete. The contact for Colerain Township is Inspector Jerry Quinn, 385-7505.


Many homeowners are now using the HIP Loan Program to complete energy efficient improvements and taking advantage of the continuing payback in the form of reduced energy costs. 

Upgrade Options Include:

  • replacement windows, storm windows and doors with high R value
  • Replacement or oil and gas systems, heat pumps and central air units with systems that have high ratings in Annual Fuel Utilization Efficiency and Seasonal Energy Efficiency Ratio
  • Energy Star products including heating/cooling systems and storm windows

How to Apply 

Contact a Participating Bank:

  • Fifth Third Bank:  Call your local branch office
  • First Safety Bank:  Call 513-242-SAFE (7233)
  • KeyBank:  Shelley Cummings - 513-533-7716
  • North Side Bank:  Call your local branch office
  • US Bank:  Julie Estep  - 513-389-4205

* Rates and other loan terms can vary from bank to bank


For more information, contact:

Jay Springer, "HIP" Coordinator

Hamilton County Department of Planning & Development

138 East Court Street, Room 807

Cincinnati, Ohio  45202

Direct:  513-946-4459

Fax:  513-946-4475

www.hamiltoncountyohio.gov/hc/hc_hip.asp




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