Wednesday, January 14, 2009

Handicap Accessibility Money

The Massachusetts Rehabilitation Commission and the Community Economic Development Assistance Corporation lend directly to homeowners loans from $1,000 and up to $30,000 for upgrading their house to make it handicapped accessible. The money would cover safety features such as a ramp, a lift, a new floor, lower countertops, etc. The interest rate is either 0% or 3%, depending on income and family size. The 0% loan is deferred until the house is sold or transferred. The 3% loan is interest only or principal and interest for the 15 year term. Contact Mary Ann Walsh 508-202-5919.

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