Through the Michigan Saves Lead Poisoning Prevention Fund investors can receive loans from $1,000 to $50,000 with terms up to 15 years and fixed interest rates from 3.99% to 7.00% APR for the abatement of lead-based paint hazards in single-family income properties.

THE PROCESS

STEP 1: Customer intake

• Customers submit applications through MDHHS
  
• MDHHS screens the application for free lead abatement services
• Denied applicants are referred to the Lead Fund

STEP 2: Environmental investigation

• Required for all projects
  
• MDHHS will cover the cost of the environmental investigation if:
  - The application is screened by central intake
  - The customer signs a commitment form

STEP 3: Workscope development

• Contractor develops the workscope based on:
  - The priority of the lead hazards identified in the environmental investigation
  - The amount of financing available to the customer

STEP 4: Loan application

Applying for a Michigan Saves loan is easy, so you can get started on removing lead from your home right away. A Michigan Saves authorized contractor will walk you through the process.

Contact Michigan Saves at 517-484-6474 or info@michigansaves.org to learn more.

Click here to download the Michigan Saves Lead Poisoning Prevention Fund flyer.