Lead Removal Loan
Do you need financing to remove dangerous lead paint from your home? If yes, our lead removal loan may be an option. MCCI partners with local rehabilitation agencies (LRAs) and MassHousing’s Get the Lead Out Program which provides low and no-interest-rate financing to help homeowners and investment-owners remove lead paint from their properties.
Loan Amount: Up to $45,000 based on property type (1-4 family units)
Rates & Terms: 0% rates for owner-occupant homes, loans deferred until the sale or refinance of property; 3% interest rate, 5- to 15-year loan terms on investor owned properties.
Borrowers must meet the income eligibility limits