In 2009, a Neighborhood Improvement Loan Program was approved as a pilot program, offering zero-interest deferred loans for 3 loans. The program was recently revised and requires loan installment payments beginning the 25th month after the closing. The payments are allocated across an eight-year period. The loans include:
North Shore Bank has partnered with the village as the program administrator processing loan applications. North Shore Bank located at:
4060 N. Oakland Ave.
Shorewood, WI 53211
Please check with North Shore Bank in Shorewood for a change in status. Village staff will be reviewing completed applications and providing program status reports to the Village Board. You may contact the Planning and Development Department if you have any questions at 414-847-2647.