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After the work is done safely and approved, you will get a Letter of Full Deleading Compliance. With this letter, you are eligible for a State Tax Credit equal to the cost of the deleading expenses, or $1,500, whichever is less.
After the work is done safely and your temporary fix to lead hazards is approved, you will get a Letter of Interim Control. Property owners who receive this letter are eligible for a State Tax Credit of up to $500. This $500 amount applies toward the $1,500 limit.
Only residential premises qualify for this program.
This program provides low cost financing to owners of 1-4 family properties to remove lead paint.
For owner-occupants who meet the income guidelines, 0% deferred payment loans are available.
These loans are not due until the sale, transfer or refinancing of the property.
These loan terms run from 5-20 years, based on the size of the loan and borrower qualifications.
This program offers low interest loans to delead owner-occupied 1-4 family homes and residential condominiums. These must have been the borrower's principal residence for a minimum of one year.
Important aspects of this program:
You will not be reimbursed for work started before the loan closing.
This program helps current homeowners and investor-owners refinance their mortgage to pay for deleading costs.
Financing for deleading may be available at your local office of Community Development, Planning or Rehabilitation. These offices are normally located at the City/Town Hall.
Programs they may offer include:
Some local banks or lending institutions offer loan assistance for various lead removal rehabilitation projects. These loans can often be: