Urban Edge understands that being a homeowner is more than just buying the home. Maintenance and upkeep costs can be hard on a homeowner, especially with unexpected home repairs. Urban Edge offers referrals to HUD-approved participating lenders and agents (listed in alphabetical order):
| Participating Agent/Lender: | City of Boston: HomeWorks HELP | MassHousing: Get the Lead Out | MassHousing: Home Improvement Loan Program (HILP) |
| Program Details: | • Through the HomeWorks Home Equity Loan Program (HELP), you may be eligible to receive an interest-free loan for a variety of approved home repair projects. The Boston Home Center will partner with you through the entire home repair process, helping you find a contractor, monitor work quality, and ensure a post renovation inspection. | Get the Lead Out loans are administered by local rehabilitation agencies. For more information, or to apply, contact Urban Edge at 617-840-6220 | • Use an affordable Home Improvement Loan Program (HILP) loan to make general, non-luxury improvements to your property. • HILP loans are originated by MassHousing-approved lenders. For More information or how to apply for a HILP loan, contact Urban Edge at 617-840-6220 |
| Eligibility: | • Must own and occupy a 1-4 family home or condo in Boston • Must have a household income at or below 120% of the U.S. Department of Housing and Urban Development (HUD) Area Median Income (AMI) limits. • Must adhere to the HomeWorks HELP funding terms | 0% Deferred Interest Rates and 2% Amortizing Interest Rates available. | • Borrowers must meet income eligibility limits to qualify for a HILP loan. • Income limits vary by city or town |
| Contact Information: | Find our more about HomeWorks HELP. • The Boston Home Center Department of Neighborhood Development 617.635.HOME (4663) | Contact MassHousing | Contact MassHousing |
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