The City of Lowell can help home owners to remove lead paint by utilizing the MASSHOUSING Get the Lead Out Program. The Merrimack Valley Housing Partnership promotes this program and works with home owners to apply for funding.
Why is Lead Paint Dangerous?
Lead is a poison and is especially harmful to children under age 6. It can harm a child’s brain, kidney and nervous system. It can permanently damage hearing and speech, and cause behavioral and developmental problems.
Why be concerned?
Lead was widely added to paint in buildings built before 1978. It was banned in 1978. Over time, paint deteriorates and releases dangerous lead dust.
How can MassHousing’s Get the Lead Out Program help?
The program offers 0% interest loans to de-lead owner occupied properties. The loan is paid off when the owner sells, transfers or refinances the property. Investor owners can utilize the program as well. The interest rate for investors is 3% and the loan is amortized over 5 to 15 years depending on the amount borrowed.
What are the income qualifications?
To be eligible, the maximum annual income for 1-2 person households is $105,400. For households of 3+ persons, the maximum income is $121,200.
Contact the Merrimack Valley Housing Partnership at (978) 459-8490 or Ed@mvhp.org to set up an appointment.