Wellfleet Affordable Housing Trust

Forgivable Accessory Dwelling Unit Loans

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The Wellfleet Affordable Housing Trust will make four (4) $10,000, no interest, forgivable loans, available to Wellfleet property homeowners to create an ADU that they will rent affordably for a minimum of 5 years.

The Wellfleet Affordable Housing Trust will offer post-construction ADU incentives to qualified homeowners who are willing to rent their ADU affordably per HUD Affordable Fair Market Rent (AFMR) guidelines for a period of 5 years.

Program funds can be used toward the converting of an existing apartment (permitted or non-permitted) into a legal ADU. 

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For more information and to view the program guidelines and application

please visit: 

https://www.wellfleethousing.org/accessory-dwelling-units 

(Right Hand Column)

Send applications or questions to: Talitha@CapeCdp.org 

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HMLP-Home Modification Loan Program

 

The Home Modification Loan Program (HMLP) is a Massachusetts state-funded loan program. HMLP provides 0% interest deferred payment loans to homeowners and landlords so they can modify or adapt their homes for a person(s), of any age, with a professionally documented limitation(s) or disability. This includes ADU projects that would allow for a family member(s) or a caregiver to live with the homeowner.

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To learn more:

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Visit: www.cedac.org/HMLP

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Call: 1-866-500-5599.   

 

Cape Light Compact Incentives

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Cape Light Compact offers a variety of residential rebates and incentives for high efficiency residential new construction, renovations, and additions – For more information (Click Here)

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Cape Cod AquiFund Zero/Low-Interest, Betterment Loans

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Zero & Low-Interest, Betterment Loans to Help Clean Up Cape Cod’s Waters. Cape Cod AquiFund provides financial assistance for septic system replacement, installation of advanced onsite wastewater treatment units, and sewer connections.

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To assist those residents who need the most help in areas where sewers and advanced onsite technologies are being used to clean up Cape Cod’s waters, AquiFund offers an income-based tiered interest rate for new program applicants. (Click Here)

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General Inquiries for Cape Cod AquiFund

Call: 774-330-3010

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Alice Ryan, Program Manager

Email: alice.ryan@capecod,gov

Call:    774-314-2244

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Angela Do Carmo, Loan Manager

Call:   508-375-6877

Email: adocarmo@capecod.gov 

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Resource Center Incentives - CURRENTLY UNAVAILABLE

Homeowners may be eligible for incentives up to a total of $25,000.00 to create new ADUs. Incentives are given as deferred forgivable loans.

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Pre-Permitting Incentives:

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​Qualified homeowners may be eligible to receive up to $5,000 for pre-permitting activities. These funds may only be used for:

 

LAND DEVELOPMENT FEES

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Certified Plot Plan  

Certified Site/Land Survey (more complex than a plot plan)

Geotechnical Reports

Groundwater Survey

Soil Test

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DESIGN RELATED FEES

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Architectural Elevations

Architectural Renderings (Stick Built or Pre-Fab/Modular)

Architectural Blueprints/Floor Plans

Foundation Plan

Energy Calculations

Structural Calculations

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SEPTIC/SEWER FEES

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Engineered Septic Plan

Septic Upgrades/Sewer Betterment/Hook Up Fees

Soils Analysis & Percolation Testing

Title V Inspections (including video inspections)

Design of pressure-distribution Septic Systems

Design of Conventional Septic Systems

Design of I/A Septic Systems

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Post-Construction Incentives:

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• Qualified homeowners may be eligible to receive up to $25,000 once the ADU is created. Homeowners who received pre-development/pre-construction incentives may be eligible to receive up to $20,000 once the ADU is completed.

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• Incentives are paid for rental units that do not already exist, are built as new ADU rental units 1 of the 8 Lower Cape towns, and are rented on a year-round basis.

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For full eligibility and loan compliance requirements, please contact:

Talitha Abramsen at 508-290-0119 or Talitha@CapeCDP.org

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At this time, the funding for this program is limited and priority will be given on a first come first served basis of eligible homeowners.  Additional funding is being sought.