Mortgage Program offers eligible Boston homebuyers and homeowners low downpayment mortgages for the purchase and rehabiliation oor refinance and rehabilitation of a home in Boston. For qualified first-time homebuyers, additional grants can be combined with this loan to help pay for health and safety repairs. The Boston Home Certificate Initiative provides low, moderate and middle-income home buyers downpayment and closing cost grants. Applications are available through the Boston Home Center for new and rehabbed properties in several of Boston's neighborhoods. Homeownership Programs Education Don't Borrow Trouble is a campaign to educate homeowners about the risks of refinance and home equity mortgages.
Homeowners facing difficulties paying their mortgage can access counseling services.
Homeowner 201 is a free 3-session course, which teaches homeowners about landlord, property maintenance, and financial issues. No interest loans are available to homeowners age 62 or older through the Senior Rehab program for basic home improvements. Grants for emergency repairs are also available. Lead Paint Grants and low interest loans are available through Lead Safe Boston to make homes Lead Safe for children under age 7. All Home Repair programs include technical assistance in the form of repair specifications, cost estimates and reviews of construction work.