Financial Assistance

Financial Assistance

Our financial assistance programs are designed to promote homeownership and help individuals build personal wealth. Products such as home loans and matched savings accounts enable individuals to attain homeownership or save towards long-term goals.

Home Purchase Loans

NODA is a Community Development Financial Institution whose goal is to promote homeownership and revitalize our region’s housing market. By offering loans to those who may not be eligible for traditional mortgages, our loan program expands access to homeownership in Toledo urban neighborhoods. Loans feature relaxed mortgage guidelines and are provided in conjunction with homebuyer counseling.

Interested in a home purchase loan? ContactBarb at 419-243-3734 ext. 144 or


  • $75,000 maximum loan
  • Owner-occupied property
  • Property located in Toledo urban neighborhood


  • Fixed competitive interest rate
  • No mortgage insurance
  • No excessive closing fees

IDA Savings Plan

An Individual Development Account (IDA) is a special matched savings plan for low and moderate-income individuals. By multiplying and expanding savings, an IDA can assist those trying to save money towards long-term goals like homeownership, post-secondary education, or a microbusiness.

Interested in an IDA account? Contact Barb at 419-243-3734 ext. 144 or

Toledo Wheels

NODA is proud to introduce the Toledo Wheels program, a partnership with the City of Toledo and Cherry Street Mission, to provide reliable transportation and increase independence for working families. Employed families with fair credit history may be eligible to receive a used vehicle in good condition and make small monthly payments to attain ownership of the car and adequately insure the car. Recipients are prepared for car ownership by receiving instructions in defensive driving, vehicle maintenance, and financial fitness.

Interested in Toledo Wheels? Contact Barb at 419-243-3734 ext. 144 or