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.
2016 Income Guidelines
2016 Income Guidelines: Income guidelines are based on HUD published median income for the Boston MESA and are updated annually.
|2016 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 $68,700||up to $85,875||up to $137,400|
|2||up to $78,500||up to $98,125||up to $157,000|
|3||up to $88,300||up to $110,375||up to $176,600|
|4||up to $98,100||up to $122,625||up to $196,200|
|5||up to $106,000||up to $132,500||up to $212,000|
|6||up to $113,800||up to $142,250||up to $227,600|
|7||up to $121,700||up to $152,125||up to $243,400|
|8||up to $129,500||up to $161,875||up to $259,000|
This information is provided by the Massachusetts Rehabilitation Commission.