Quick


Charles Gaeta
Executive Director
This email address is being protected from spambots. You need JavaScript enabled to view it.

Paul Gaudet
Director of Management & Operations
This email address is being protected from spambots. You need JavaScript enabled to view it.

Joseph Scanlon
Director of Policy & Finance
This email address is being protected from spambots. You need JavaScript enabled to view it.

Peggy Phelps
Director of Planning & Development
This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Grant & Loan Programs
 
Contact:
Neighborhood Services Office
781-581-8600
10 Church Street, Lynn MA.

REHAB LOAN PROGRAM
This program provides owner occupants of 1 - 4 unit residential buildings, a 3% interest loan at the maximum of $15,000, with a 5 to 15 year repayment period.  This program also provides individuals aged 62 or older are eligible to apply for a 0% deferred loan, a maximum of $15,000, for the cost of eligible repairs.  Owner occupants of 1 - 4 unit residential buildings to make their home handicap accessible and correct all health and safety code violations.  
 
Our goal is to work with owner occupants to rehabilitate existing dwellings, enhance the appearance of Lynn's neighborhoods and correct all health and safety code violations. Owners of mixed-use properties may apply for this loan for repairs to the residential portion of the property only.  No work will be done on any nonresidential space. 

Direct Loan: Owner-occupants of single unit residential buildings, which are located within LHAND’s Neighborhood Revitalization Area (NRA), are eligible for a $15,000 loan at 3% interest for the cost of eligible repairs with a 5 - 15 year repayment period. Owner-occupants of 2 to 4 unit residential buildings, which are located within LHAND’s Neighborhood Revitalization Area (NRA), are eligible for a $10,000 loan at 3% interest for the cost of eligible repairs with a 5 - 15 year repayment period. Household income from all sources cannot exceed the income limits listed in the Program Guidelines.

Elderly Deferred – Direct Loan: Owner-occupants age 62 or older who own a single family home are eligible for a deferred $15,000 loan at 0% interest for the cost of eligible repairs. Household income from all sources cannot exceed the income limits listed in the Program Guidelines. This program is city wide.

Handicap Accessibility – Direct Loan: Owner-occupants who own a 1 to 4 unit residential building are eligible for a $15,000 deferred loan at 0% in order to make any unit in their home handicap accessible. Household income from all sources cannot exceed the income limits listed in the Program Guidelines. This program is city wide.

CLICK HERE TO DOWNLOAD REHAB LOAN PROGRAM GUIDELINES

REALIZING THE DREAM HOMEOWNERSHIP PROGRAM 
The Realizing the Dream of Homeownership Program: Works with eligible first time buyers whose savings and income are inadequate to meet certain costs associated with the purchase of a 1 – 4 family or condominium residential property; to enhance the appearance of Lynn’s neighborhoods and to correct all health and safety codes.  Homebuyers who fit the eligibility criteria will be eligible for a $5,000 deferred loan.  The assistance is only for down-payment, closing costs, lead paint removal or correction of all code violations.  Program is subject to the availability of funds. 

CLICK HERE TO DOWNLOAD REALIZING THE DREAM PROGRAM GUIDELINES

LYNN LEAD ABATEMENT PROGRAM
Grant of up to $8,000 is available for owner occupants, investor owners, and non profit organizations to remove lead paint in 1 - 4 unit residential buildings, lead inspections, relocation when necessary, deleading of units and/ or common areas or exterior, and compliance letters.

CLICK HERE TO DOWNLOAD LEAD PROGRAM GUIDELINES

MASS SAVE / NEXT STEP LIVING
LHAND has partnered with Next Step Living and Mass Save to provide free home energy assessments to both owners and renters. For more information about the Mass Save program visit www.masssave.org or to sign up for your free home energy assessment visit http://www.nextstepliving.com/partners/LHAND

CLICK HERE DOWNLOAD PROGRAM OVERVIEW FLYER

 
*All programs are subject to availability of funds and subject to income eligibility.

Please visit the Neighborhood Services Department at 10 Church Street or call 781-581-8600 for complete Program Guidelines and eligibility requirements.

.

Site designed and powered by Stainless Communications.