Bringing homes back to life with affordable loans to homeowners
Hilltown CDC’s Housing Rehabilitation Program provides eligible low- and moderate-income homeowners in eligible towns with deferred payment loans in order to address code violations and improve living conditions. Program benefits include no interest/no monthly payment on loans that may be completely forgiven, and assistance with project specs, project oversight and contractor selection. A wide range of repairs are eligible including:
Electrical/plumbing work
Foundation repair
Lead paint removal
Septic system repair
Roof replacement and repair
Door and window replacement
Handicap accessibility renovations
Insulation
Heating and hot water systems
Wells and pumps
Eligible homeowners will receive a deferred payment loan with zero interest and no monthly payments. A percentage of the loan is forgiven each year until the loan term expires (usually 15 years). A mortgage is recorded for the recapture of the unforgiven balance of the loan if the property is sold or changes ownership within the loan term. Loan terms and amounts will vary by funding source.
For more information and an application to the program, contact Marjorie Liscombe, Housing Rehab Manager at (413) 296-4536 ext. 109 or marjoriel@hilltowncdc.org
Hilltown CDC’s Housing Rehab Program provides services in many hilltowns. Funding is not available in all towns at all times. Contact Marjorie to see if your town is currently eligible for Housing Rehab services or to put yourself on the waiting list.
Eligibility Guidelines
Eligible Towns (FY22.23): Chesterfield, Cummington, Goshen, Peru, Plainfield, Westhampton, Williamsburg, Worthington
In order to qualify for assistance, homeowners should:
Live in a single-family, owner-occupied housing unit (condos are not eligible for this program);
Be current with property taxes and mortgage payments;
Have owned their home for more than a year; and
Fall within the income guidelines.
The eligibility of program applicants will be determined on an individual basis. Other restrictions or requirements may apply depending on a household’s current situation and circumstances.
Household Size | Maximum Gross Annual Income (FY23) |
---|---|
1 | $55,800 |
2 | $63,800 |
3 | $71,750 |
4 | $79,700 |
5 | $86,100 |
6 | $92,500 |
7 | $98,850 |
8 | $105,250 |
HCDC is an EEO/Section 3 Employer. Women & members of minority groups are encouraged to apply. Funding is provided by the US Dept. of HUD/DHCD and MA CDBG Programs.
Recent projects include lead paint removal, code renovations and heating system upgrades.
More Information
For Contractors
The Housing Rehabilitation seeks licensed contractors to bid on funded projects. If you are a contractor interested in local work with the Hilltown CDC, please fill out our contractor application or contact Marjorie Liscombe, Housing Rehab Manager at (413) 296-4536 ext. 109 or marjoriel@hilltowncdc.org for more information.