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.
2012 Income Guidelines
2012 Income Guidelines: Income guidelines are based on HUD published median income for the Boston MESA and are updated annually.
| 2012 Income Guidelines | ||
| Household size | 0% (DPL) up to 100% of Median Income | 3% (Amortized Loan) 100% to 200% of Median Income |
| 1 | up to $68,500 | up to $137,000 |
| 2 | up to $78,300 | up to $156,600 |
| 3 | up to $88,100 | up to $176,200 |
| 4 | up to $97,800 | up to $195,600 |
| 5 | up to $105,700 | up to $211,400 |
| 6 | up to $113,500 | up to $227,000 |
| 7 | up to $121,300 | up to $242,600 |
| 8 | up to $129,100 | up to $258,200 |
2/27/12
This information is provided by the Massachusetts Rehabilitation Commission.