Agency handing out $15,000 loans to prospective home buyers

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CLEVELAND -- A new incentive program will provide $15,000 down payment loans to qualified home buyers.

The catch?

The house they buy must be in Cleveland.

But, if the buyer lives in the home for at least five years, he or she doesn't have to pay the loan back.

It's a proposal to revitalize some areas of the city that have seen better times.

Neighborhood Housing Services of Greater Cleveland will hold a two-day event Sept. 12 and 13 at the Cleveland Convention Center, where prospective home buyers can find out if they qualify.

Get more information at www.wellsfargo.com/citylift.

WKYC-TV

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