Who is Eligible?
Any homeowner who is a frail elder or has a disability, has a household member who has a disability, or rents to an individual with a disability (in a building with fewer than 10 units) may apply for this loan. The residence's owner must apply for the loan. Some landlords may be eligible for a 3% loan for a tenant with a disability.
In determining who is eligible:
- Income guidelines are based on the total gross household income.
- The unit requiring modifications must be the primary, principal residence of the individual with the disability.
- The modifications to be made to the residence must be necessary to allow the beneficiary to remain in the home and must specifically relate to their ability to function on a daily basis.
- The homeowner cannot have previously obtained an HMLP loan for the same property.
2015 Income Guidelines
2015 Income Guidelines: Income guidelines are based on HUD published median income for the Boston MESA and are updated annually.
|2015 Income Guidelines|
|Household size||0% (DPL)|
up to 100% of Median Income
|3% (Amortized Loan) |
100% to 200% of Median Income
|1||up to $69,000||up to $138,000|
|2||up to $78,800||up to $157,600|
|3||up to $88,700||up to $177,400|
|4||up to $98,500||up to $197,000|
|5||up to $106,400||up to $212,800|
|6||up to $114,300||up to $228,600|
|7||up to $122,200||up to $244,400|
|8||up to $130,100||up to $260,200|
This information is provided by the Massachusetts Rehabilitation Commission.