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Mortgage Assistance Program (MAP)

Published

July 9, 2024

| Sudbury Housing Trust
| Automatically Archived on 12/16/2024

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The Sudbury Housing Trust is pleased to continue to provide the Mortgage Assistance Program (MAP) to Sudbury residents. If eligible, the Program will provide mortgage assistance in the form of a grant to be paid directly to lenders.

Funding will be provided to owners who meet the eligibility requirements and complete the application process, including ALL ATTACHMENTS. Funding is available on a first-come, first- served basis until funds are exhausted.

Program Details:

  • Applications are accepted on a rolling basis, and eligibility is determined.
  • If approved, Owner provides Lender’s W9, and Owner and Trust sign Participation Agreement.
  • Town issues payment/s payable to the Lender, forwarded by Owner to Lender. Owner is responsible for remaining amounts for taxes and insurance portion of payment.

*Please see the application for full program details and requirements.

Grant Amount:

Up to $3,000 of assistance, in monthly payments payable to the holder of first mortgage, towards arrears of outstanding principal or upcoming payment. Other housing costs (e.g., condo fees, escrowed insurance or taxes, home equity line of credit, or second mortgages, etc.) are not covered expenses.

Application Assistance:

Return application electronically to: info@RHSOhousing.org (in a PDF legible format)

Mail or Drop-off hard copy to: 37 Knox Trail, Acton MA 01720 (Black mail box at bottom of steps)

Click HERE for Sudbury MAP Application Updated July 2024