Milagrito Cora

Milagrito Cora, a Lawrence, MA homeowner, has taken advantage of two of MCCI’s homeowner loan programs. Initially referred to MCCI in 2013 by the City of Lawrence’s Community Development Department, she first received MCCI’s Lead Removal loan in partnership with MassHousing. The 0% interest loan of approximately $27,000 covered the cost of removing hazardous lead paint on her multi-family home.

In 2020, Milagrito discovered the foundation of her building was cracked, causing moisture and mold accumulation. MCCI was able to step in again to provide a home improvement loan to help cover the $20,000 cost of repairing the deteriorated foundation. MCCI was able to provide financing and be more flexible with the underwriting process.

In Milagrito’s words, “I was afraid of losing my home due to not having the funds to repair the foundation. I felt relief that I got some financial assistance through the program. My home has a repaired foundation (today)… MCCI helped me to receive the loan approval to save my home.”