Home Ownership Program
Homeless Initiative
Grant and Loan Programs
The LHAND Scholarship
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Please visit our office at 10 Church Street if you would like complete details for any of the Grant and Loan programs that are listed on this page.

Overview of Programs

Welcome to the "Grant and Loan Program" Page

(updated 9/21/11)


This program provides owner occupants of 1 - 4 unit residential buildings, a 3% interest loan at the maximum of $15,000, with a 5 to 15 year repayment period.  This program also provides individuals aged 62 or older are eligible to apply for a 0% deferred loan, a maximum of $15,000, for the cost of eligible repairs.  Owner occupants of 1 - 4 unit residential buildings to make their home handicap accessible and correct all health and safety code violations.    

Our goal is to work with owner occupants to rehabilitate existing dwellings, enhance the appearance of Lynn's neighborhoods and correct all health and safety code violations. Owners of mixed-use properties may apply for this loan for repairs to the residential portion of the property only.  No work will be done on any nonresidential space. 



The objective of this program is to provide down payment assistance and closing cost assistance for those who are participating in the state approved Soft Second program.  The Soft Second loans are available to low and moderate income first time homebuyers to reduce their first mortgage amounts and eliminate the need for Private Mortgage Insurance (PMI) and make homeownership more affordable.  The LHAND will provide a 1.5% forgivable loan for down-payment and closing cost assistance to eligible first-time buyers whose savings and income are inadequate to meet the cost associated with the purchase of a 1 - 4 family and condominium residential properties.  The resources of this program will be in the form of a grant. 


The goal of this program is to work with eligible first time buyers whose savings and income are inadequate to meet certain costs associated with the purchase of a 1 – 4 family or condominium residential property; to enhance the appearance of Lynn’s neighborhoods and to correct all health and safety codes.  Homebuyers who fit the eligibility criteria will be eligible for a $5,000 grant and a $5,000 loan at 0% interest amortized over 5 years.  The assistance is only for down-payment, closing costs, lead paint removal or correction of all code violations.  Program is subject to the availability of funds. 


 Grant of up to $8,000 is available for owner occupants, investor owners, and non profit organizations to remove lead paint in 1 - 4 unit residential buildings, lead inspections, relocation when necessary, deleading of units and/ or common areas or exterior, and compliance letters.

                                                      Click here for flyer in English or Spanish

*All programs are subject to availability of funds and subject to income eligibility.

Please visit the Neighborhood Services Department at 10 Church Street or call 781-581-8600 for complete Program Guidelines and eligibility requirements.

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