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Mission
Hill Neighborhood Housing Services initiated the Revolving Loan Fund
Program in 1975 when sources of home improvement funds for
homeowners were minimal or nonexistent. The goal of the program is
to revitalize and stabilize existing residential housing stock as an
attractive and affordable resource for the diverse community of
Mission Hill. This program supports the overall goal of MHNHS to
revitalize and stabilize the neighborhood for all those who live and
work here. Over the years the Revolving Loan Fund Program has a
strong track record of providing over $2 million in home improvement
financing to 200 Mission Hill homeowners.
Today
MHNHS continues to offer home improvement loans through its
Revolving Loan Fund Program to income eligible Mission Hill
owner-occupants at low interest rates with a flexible payment
schedule. Loans are currently at 3% interest rate. Emergency
interior repairs and exterior improvements have a priority.
For
program guidelines and an application contact Mission Hill
Neighborhood Housing Services at 617-566-6565. |