Category: HomeMod

The Home Modification Loan Program: The Myette Family

Plymouth’s John and Pam Myette have strived to keep their family together for their son Billy, who has nonverbal autism.  However, as Billy got older, the couple’s concerns for their own aging and their son’s future grew.  The passing of the Healey-Driscoll Administration’s 2024 landmark Affordable Homes Act and a new zoning policy allowing property owners by right to develop an Accessory Dwelling Unit (ADU), a small residential space located in the same area as a private residence, created a new housing option for the parents of two could utilize through the Home Modification Loan Program (HMLP).

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2024 Annual Report

We are pleased to share with you the latest annual report from the Community Economic Development Assistance Corporation (CEDAC).

2023 Annual Report PDF »

The Home Modification Loan Program and ADUs

The Home Modification Loan Program (HMLP) is a valuable financial resource for qualifying Massachusetts homeowners. This state-funded program offers zero percent interest loans of up to $50,000 to assist homeowners who create a more accessible home by providing financing for projects such as ramps and lifts, and kitchen and bathroom modifications.

The Home Modification Loan Program in Berkshire County and Chicopee

The state’s Home Modification Loan Program (HMLP) continues to be a vital resource in helping seniors, homeowners with disabilities or family members with disabilities modify their homes to enhance accessibility. Since 1999, the program has provided over 3,000 households the financial assistance to implement modifications that improved quality of life and accessibility.

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SourceCEDAC InSites

The Home Modification Loan Program Is A “Huge Untapped Resource” For The Berkshires

The Home Loan Modification Program is helping families across the Commonwealth enhance their properties’ accessibility. The story from The Berkshire Eagle features a Williamstown couple that recently utilized the HMLP to help improve the home they purchased two years ago. Despite the significant benefits, the couple was only one of a few residents in Berkshire County to take advantage of the loan program. One of those benefits: the loan only has to be repaid if sells or transfers their property within the loan’s 50-year mortgage period. Furthermore, the income limit to apply for a loan rests at almost $300,000 for a family of four.

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SourceThe Berkshire Eagle

2023 Annual Report

We are pleased to share with you the latest annual report from the Community Economic Development Assistance Corporation (CEDAC).

2023 Annual Report PDF »

Did you know the Home Modification Loan Program could help fund an ADU?

BOSTON (August 9, 2023) – The Home Modification Loan Program (HMLP), a state-funded loan program administered by CEDAC, the Massachusetts Rehabilitation Commission (MRC), the Executive Office of Housing and Livable Communities, and 10 regional agencies, helps Massachusetts households finance home accessibility improvements making it possible for individuals with disabilities and older adults to remain in their own homes and communities. Since its inception over 20 years ago, the program has helped over 3,000 Massachusetts residents make modifications and additions to their homes to provide a greater quality of life for themselves and their families.

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SourceCEDAC Blog

The Home Modification Loan Program Could Be Right for You

BOSTON (June 28, 2022) – The Home Modification Loan Program (HMLP), a state-funded loan program administered by CEDAC, the Massachusetts Rehabilitation Commission (MRC), the Executive Office of Housing and Livable Communities, and 10 regional agencies, helps Massachusetts households finance home accessibility improvements making it possible for individuals with disabilities and older adults to remain in their own homes and communities. Since its inception over 20 years ago, the program has helped over 3,000 Massachusetts residents make modifications and additions to their homes to provide a greater quality of life for themselves and their families.

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SourceCEDAC Blog

CEDAC Announces Appointment of Two New Members to Board of Directors

Angie Liou and Gary Acquah will help guide the organization in its mission to provide Affordable Housing to those in need across the Commonwealth