The University offers several services to the community through funding, resources and information.
Homebuyer Incentive Program (HIP)
If you are considering buying a home in Lowell, you might be eligible to participate in the Homebuyer Incentive Program (HIP). Designed to increase home ownership, encourage home rehabilitation and improve neighborhood conditions, the HIP provides a variety of inducements for UMass Lowell employees to purchase and improve homes in any of five designated neighborhood districts, including areas surrounding UMass Lowell North and South, as well as other parts of the city.
To be eligible you must be a first-time Lowell homebuyer (currently renting in Lowell or owning a home outside of the city) with a household income not exceeding $125,000.
Incentives include a no-interest, deferred down payment loan for up to 2.5% of the purchase price or one-half of the required down payment, whichever is less, with a maximum of $5,000; a closing cost grant of $500; and a matching grant for approved exterior home improvements (up to 50% with a $2,000 maximum).
The program is administered by the Lowell Development and Financial Corporation (LDFC).
For complete program criteria and details click on the link above or call Germaine Vigeant-Trudel, assistant director of the LDFC at 978-459-9899.
The Bridge Review
The Bridge Review: Merrimack Valley Culture is an online journal about the culture of the Greater Merrimack Valley of Massachusetts and southern New Hampshire. The journal explores the interwoven concepts of place, nature, culture and society. Based at the University of Massachusetts Lowell, the journal includes writing, visual art, music, video clips and other creative and scholarly works relevant to our bio-region.
Past issues of The Bridge Review have been funded in part by the UMass Lowell Center for Diversity and Pluralism, the New England Foundation for the Arts, Human Services Corporation of Lowell and Lowell Cultural Council, a local agency of the Massachusetts Cultural Council.
Ecommunity provides a presence on the World Wide Web for approximately 50 community-oriented non-profit organizations in the region. For more information, visit the ecommunity website.