Rehab Loans

As of 12/10/21 rehab applications are currently on a waiting list to be processed by request of the City of Lowell Director of Housing and Energy. Please feel free to contact our offices to add your information to our waiting list.

Funding is available to Lowell homeowners for repairs and upgrades

The City of Lowell Rehabilitation Program is designed to help residents upgrade their homes and improve living standards. The program is available to low- and moderate-income earners. Homeowners use the program for a combined or single project, such as electrical upgrades, plumbing, and heating systems, kitchen and bathroom upgrades, roofs, flooring, and windows.

This is an excellent way for elders and other homeowners to invest in their homes with loans at 0% interest. The project manager supervises the work through The City of Lowell. The home will meet health and safety requirements once the work is completed. Homes built before 1978 may require de-leading as part of rehabilitation.

INCOME LIMITS for “Rehab Program”

Family Size / Maximum Annual Household Income

1. $68,500
2. $78,250
3. $88,050
4. $97,800
5. $105,650
6. $113,450
7. $121,300
8. $129,100

Loans are repaid when the homeowner sells, refinances, transfers the deed, or adds someone to the deed.

Contact MVHP with questions at 978-459-8490 or mvhp@mvhp.org.