Capital Improvement and Preservation Fund (CIPF)
The Capital Improvement and Preservation Fund (CIPF) supports preservation and capital improvements for at-risk affordable housing in Massachusetts, managed by the Executive Office of Housing and Livable Communities.
Funder: Executive Office of Housing and Livable Communities
Due Dates: Rolling (applications accepted as long as program is active)
Funding Amounts: State-funded; award size and duration vary by project—specific amounts not published; supports capital improvements for eligible properties.
Summary: Supports preservation of at-risk affordable housing in Massachusetts, focusing on properties with expiring affordability or rental assistance contracts.
Key Information: Only properties in Massachusetts with expiring use or project-based rental assistance contracts are eligible.
Description
The Capital Improvement and Preservation Fund (CIPF) is a Massachusetts state-funded initiative administered by the Executive Office of Housing and Livable Communities (EOHLC). Its mission is to preserve affordable housing at risk of losing long-term affordability, particularly properties facing expiring use restrictions or project-based rental assistance contracts. CIPF provides financial resources to help maintain these properties for low- and moderate-income residents, supporting the stability and affordability of the Commonwealth’s housing stock.
