MRA Healthy Homes/Rehab Office staff are relocating to 215 Pleasant Street, Third Floor, Malden City Hall, Malden.
The Malden Redvelopment Authority (MRA) is committed to ensuring the best quality of life for Malden residents. In this vein, it uses federal Community Development Block Grant (CDBG) funds to provide low-interest home improvement loans to income-eligible property owners (income limits below). This loan program has transformed neighborhoods over the years.
Home Repair/Rehab Loans
Through the CDBG Program, the MRA offers 0% interest home repair/rehab loans to homeowners to correct code violations that include roofs, doors, windows, heating systems and more. Property taxes and assessments must be paid current and owner must be in good financial standing. Financial assistance through this program will be in the form of a secured loan with a recorded mortgage.
Maximum loan amounts are:
$25,000 for a single-family home;
$40,000 for a two-family home;
$50,000 for a three or four-family home.
Emergency Repair Loans
MRA also finances emergency repairs. The scope of the work shall be limited to that which is deemed an emergency; additional non-emergency work would be performed within the normal application process. The same eligibility requirements apply. Examples include:
- Attic insulation
- Hard-wired smoke detectors (3 or more units)
- Structural deficiencies
- Roofing deficiencies
- Heating deficiencies
- Electrical deficiencies
- Hazardous materials abatement (as mandated by current state regulations)
- Minimum housing quality standards and/or code violations
- Mid-range products (unless existing and in need of repair)
Applicant/Household income cannot exceed 80% Median Family Income (MFI) Limits set by HUD annually. HUD Income Limits 80% MFI (effective June 1, 2021):
1 person household: $70,750.00 2 person household: $80,850.00
3 person household: $90,950.00 4 person household: $101,050.00
5 person household: $109,150.00 6 person household: $117,250.00
7 person household: $125,350.00 8 person household: $133,400.00
For further information and to apply for a loan, contact Rehabilitation Specialists Wayne Martineau or Kevin Nestor at 781-324-5720.
Information for Grantees, Subrecipients and Contractors
All grantees, subrecipients and contractors awarded contracts funded with Federal dollars or receiving CDBG funds must register with the Federal debarment clearinghouse System for Award Management (SAM.gov) and must provide proof of active status on SAM.gov in order to comply with Federal regulations. Registration is free and it takes approximately one month to become active with a valid DUNS number. If a grantee, subrecipient or contractor does not register, they will not be considered qualified and, therefore, will not be able to contract with the City of Malden or MRA for activities funded with CDBG and/or other Federal dollars. Get SAM.gov information and registration directions here.