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.
2017 Income Guidelines
2017 Income Guidelines: Income guidelines are based on HUD published median income for the Boston MESA and are updated annually.
|2017 Income Guidelines|
|Household size||0% (DPL)|
up to 100% of Median Income
|0% (Amortized Loan) |
up to 125% of Median Income
|3% (Amortized Loan) |
125% to 200% of Median Income
|1||up to $72,400||up to $90,500||up to $144,800|
|2||up to $82,800||up to $103,500||up to $165,600|
|3||up to $93,100||up to $116,375||up to $186,200|
|4||up to $103,400||up to $129,250||up to $206,800|
|5||up to $111,700||up to $139,625||up to $223,400|
|6||up to $120,000||up to 150,000||up to $240,000|
|7||up to $128,300||up to $160,375||up to $256,600|
|8||up to $136,500||up to $170,625||up to $273,000|
This information is provided by the Massachusetts Rehabilitation Commission.