I want to refinance or sell my deed restricted home that was bought from a for-profit or non-profit developer who used HOME or HSF funds in the construction and my house is subject to a Deed Rider or an affordable housing covenant. If refinancing, read your Deed Rider (or in some cases, your affordable housing covenant) carefully. You must obtain DHCD's permission to refinance your first mortgage or obtain an additional mortgage. DHCD generally will allow refinancing and second mortgages, subject to some provisions. If selling, the Deed Rider or affordable housing covenant contains resale restrictions, recapture provisions and formulas for calculating a maximum sales price. Call 617-573-1300 and ask for a HOME/HSF staff person.


I want to refinance or sell my deed restricted home that was bought from a developer who used the Local Initiative Program (LIP) or Housing Opportunities Program (HOP). Typically, LIP homes were the affordable homes in a comprehensive permit (also known as 40B) development. Call 617-573-1300 and ask for a LIP/HOP resale/refinance staff person.

I want to refinance or sell my deed restricted home that was bought with downpayment and closing cost assistance provided by a local community or non-profit agency. If refinancing, most lenders will ask the agency that gave you the downpayment and closing cost assistance to make their mortgage junior to the new mortgage. DHCD generally will allow refinancing and second mortgages, subject to some provisions. Contact the organization that provided the assistance to you. If selling, contact the community or agency that gave you the downpayment and closing cost assistance and give them a copy of your promissory note. They will calculate the amount of funds (if any) that must be returned to them.

I want to refinance or sell my deed restricted home that was repaired using funds from a local community or non-profit agency's homeowner rehabilitation program. If refinancing, most lenders will ask the community or agency that gave you the homeowner rehabilitation funds to make their mortgage junior to the new mortgage. DHCD generally will allow refinancing and second mortgages, subject to some provisions. Contact the organization that provided the assistance to you. If selling, contact the community or agency that gave you the homeowner rehabilitation funds and give them a copy of your promissory note. They will calculate the amount of funds (if any) that must be returned to them.

Make Home Improvements

Although DHCD does not provide funds directly to homeowners, there are resources available statewide. Check the following sites for information on a number of repair and improvement programs for homeowners.

Repairs


Your local community may offer programs for homeowners. Contact your city or town hall for more information.
 

MassHousing's Septic Repair Loan Program

MassHousing's Home Improvement Loan Program

US Department of Agriculture - Rural Development

Massachusetts Consumer Guide to Home Improvement

 

Energy Improvements

Your local community may offer programs for homeowners. Contact your city or town hall for more information.

DHCD's Weatherization Assistance Program and Heating System Repair and Replacement Program are designed to assist low-income households in the Commonwealth. All of these services are provided through "one-stop applications" at your local energy assistance agency. Fuel Assistance Locator service.

Lead Paint Removal

MassHousing's Get The Lead Out Program


Handicap Accessibility

Massachusetts Rehabilitation Commission (MRC)