Michigan Saves created the Lead Poisoning Prevention Fund (Lead Fund) to fill a critical gap for homeowners and income-property owners who don’t qualify for free home lead services from the Michigan Department of Health and Human Services (MDHHS). We’re working to make sure everyone—no exceptions—has peace of mind when it comes to the safety of their homes.
We are pleased to offer a 50/50 cost-share incentive for participants in our Lead Fund program. This means Michigan Saves will cover 50 percent of the cost of your lead abatement project. See additional details about this incentive below.
How to Remove Lead From Your Home with the Lead Fund
Removing lead from your home with Michigan Saves’ Lead Fund is a multistep process. We want to ensure you understand how this program works and what it will look like for you and your home or property. Explore the tiles below to learn about each step.
1. Letter of intent
Read and sign the Lead Fund Letter of Intent if your MDHHS application is denied, or if you do not want to apply to the MDHHS Lead Safe Home Program.
2. Environmental investigation
Michigan Saves will help you schedule a free environmental investigation of your home to identify all lead hazards.
3. Finding a contractor
Use Michigan Saves’ Find Your Contractor tool to find an authorized lead abatement contractor to complete your project.
4. Workscope development
Work with your chosen authorized lead abatement contractor to prioritize lead hazards, establish a budget, and develop a scope of work to submit to Michigan Saves.
5. Loan application
After your workscope is approved, apply for a Michigan Saves loan. Reminder: With the 50/50 cost share incentive, your loan will only need to cover 50 percent of the project cost.
6. Lead abatement
Your authorized contractor will complete the lead abatement project based on your agreed-upon budget, timeline, and workscope.
7. Certificate of completion
After the project is complete, both you and your contractor will sign a certificate of completion.
8. Project payment
Begin loan payments based on the terms of your Michigan Saves loan. Michigan Saves and our lending partner pays the contractor.
Residential Financing Facts
Loan type:
Unsecured, personal loan
Eligible improvements:
Lead abatement measures or related work only
Loan amounts:
$1,000-$50,000
Terms:
Flexible between one and 15 years
Rates:
For the latest fixed rates, click here.
Eligible properties:
Single-family homes (up to four attached units) and single-family income properties
*Actual rates, terms, and loan amounts vary and depend on market conditions, the lender you choose, and your creditworthiness.
Learn More About Lead in Your Home
Have questions?
Contact our team at 517-484-6474 or [email protected]