Boston HomeWorks Home Equity Loan Program (HomeWorks HELP)

About This Program

HomeWorks HELP is a 0% interest deferred loan for interior and exterior home repairs available to Boston homeowners earning at or below 135% AMI. Loan amounts scale with property size: $20,000 for condos, $30,000 for single-family, $40,000 for two-family, and $50,000 for three- or four-family homes. Households between 120–135% AMI must contribute a dollar-for-dollar match, while those below 120% AMI have no match requirement.

0% deferred loan. Condo: $20K; 1-family: $30K; 2-family: $40K; 3–4 family: $50K. At least 1/3 of project must address exterior repairs.

Key Details

• 0% interest deferred loan — no monthly payments
• Loan amount: $20K (condo), $30K (1-family), $40K (2-family), $50K (3–4 family)
• Income limit: at or below 135% AMI; 120–135% AMI requires dollar-for-dollar match
• At least 1/3 of project must go toward exterior repairs
• Contact Boston Home Center at 617-635-4663 to apply

How to Apply

Deadline: Rolling — funds subject to availability