Financial Assistance
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.