Capital Improvement & Home Repair

Most owners of deed restricted properties must follow capital improvement guidelines set forth by their Monitoring Agent (identified in the deed rider) if they desire to have the value of their property increased for the Capital Improvement.

DHCD (Department of Housing and Community Development) is the Monitoring Agent for the Local Initiative Program (LIP) units, and has written clear policies for this process. 

DHCD defines capital improvement as a necessary maintenance improvement, not covered by a condo or homeowner association fee, that if not done would compromise the structural integrity of the property. Examples include a new roof, exterior painting due to deterioration, and repair of structural deficiencies caused by termite damage, water damage, etc.

Capital improvements must be approved by the Monitoring Agent in order to be considered and added to the resale price.  Only pre-approved improvements will be considered, and the approved amount of the project will depreciate over the useful life of the improvement.  The depreciation schedule will be provided with the approval.  Improvements will not be approved retroactively.

To begin the review, homeowners must send a letter to the Monitoring Agent requesting approval for the cost of the capital improvement including a description of the work to be done, an estimate of the cost, and an explanation of why the work is a capital improvement. To read DHCD’s capital improvement guidelines, please click here.

Financial Assistance Available for Capital Improvements

Some towns offer financial assistance to owners of affordable homes in their communities for repairs and alterations that ensure that homes remain safe and healthy. Each town manages their own financial assistance funds and has their own eligibility requirements and application process. Please see the links below for more information on these programs if you need assistance in making a necessary repair to your home.

Acton

The Acton Community Housing Corporation administers a Capital Improvement Program.

Bedford

The Bedford Municipal Affordable Housing Trust administers a Small Grants Program.

Concord

The Concord Housing Development Corporation administers a Small Grants Program.

Sudbury

The Sudbury Housing Trust administers a Small Grants Program.

Weston

The Weston Affordable Housing Trust administers a Small Grants Program.

Habitat for Humanity's Critical Home Repair Program

Habitat for Humanity operates the Critical Home Repair Program (CHR). This program is designed to help low-income homeowners struggling to maintain their homes due to age, disability or family circumstances. Habitat partners with families to help them reclaim their homes with pride and dignity. Habitat uses the same eligibility criteria for this program as it does when selecting a family for building a home – need, ability to pay, and willingness to partner.

An eligible critical home repair consists of an extensive interior and/or exterior project intended to alleviate critical health, life and safety issues, or code violations. Scope of Work includes, but is not limited to:

  • Roof repairs and replacement
  • Structural & finishing repairs for walls, stairs, ceiling and/or floor system damage
  • Repairs required  to reinstate insurance or to satisfy code enforcement
  • Renovations & upgrades to satisfy handicap accessibility & ADA requirements.
  • Energy efficiency renovations including doors/windows & insulation
  • Electrical, Plumbing and HVAC  deemed critical
  • Exterior finishes including siding, trim, painting & walkways

If you are interested in applying for assistance from Habitat's CHR Program, you must contact the local Habitat office that serves your town. This program is not available to all RHSO member towns. Please see below for the towns where the program is available and for the websites that will provide you with more information on eligibility requirements and how to apply:

  • Acton residents - contact Habitat for Humanity of North Central Massachusetts - ncmhabitat.org
  • Bedford, Burlington, & Concord residents - contact Habitat for Humanity of Greater Lowell - lowellhabitat.org. You may also click here for more detailed information on the CHR program offered through Habitat's Lowell office.
  • Sudbury residents - contact Habitat for Humanity MetroWest/Greater Worcester - habitatmwgw.org

Home Modification Loan Program

The Home Modification Loan Program provides 0% or 3% interest loans up to $30,000.00 to modify homes of elders and individuals with disabilities. The goal of the program is to enable a person with a disability to continue to live in his/her home, be as independent as possible and continue to play an active role in his/her community.

Loans are available to individual homeowners that meet income guidelines. The program is not based on credit worthiness and the homeowner will often qualify for a 0% deferred payment loan, which translates to no monthly payments and no added monthly financial burden.

Click here for an application and additional information. You must send a completed application to the agency serving your community. For residents of RHSO member towns, contact SMOC at (508) 620-2682 or saaron@smoc.org.

MassHousing Home Improvement Loan Program

MassHousing's Home Improvement Loan Program is available to income-qualified homeowners in Massachusetts to make general, non-luxury improvements to properties. Loan amounts range from $7,500 to $50,000, and loan terms range from 5 to 15 years. See the link above for more details on this program.

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PDF icon Weston Home Repair Grant Application163.95 KB