Peabody Owner-Occupied Housing Rehabilitation Program

City of Peabody Community Development (CDBG)

Available Home Repair

About This Program

Provides forgivable loans to income-qualified homeowners for comprehensive rehabilitation of owner-occupied single-family homes in Peabody. Loan is forgiven after 5 years of continued owner-occupancy and compliance with program requirements.

Forgivable loan based on scope of work, up to program maximum

Key Details

  • Forgivable loan up to $40,000 for major repairs
  • Income at or below 80% AMI required
  • Must maintain owner-occupancy for 5 years
  • Covers roofing, systems, structural work
  • City of Peabody residents only

How to Apply

Get free help applying Visit Official Program Page Track this program

(978) 538-5760

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Deadline: Rolling applications, subject to funding availability

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