Programs & Support

Session 1: Keeping the Books

December 1, 2021 
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Session 2: Social Media Made Simple

January 12, 2022
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Session 3: Cash Flow Management

February 9, 2022
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Session 4: Steps to Grow your Business

March 9, 2022
Download Presentation | Webinar video (English) (Password: #fn3#qdW) | Webinar video (Spanish)

Session 5: Grant Application 101

April 6, 2022
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Revere is home to a network of community-based partners and municipal departments supporting business networking, marketing and event planning, district improvements, placemaking, and workforce and employment programming. Click below for more information.

• Revere Farmers Market
• Revere Chamber of Commerce
• Revere Beach Partnership
• Beachmont Improvement Committee
• The Neighborhood Developers 

Revere is the service area of multiple economic development agencies and community development financial institutions (CDFIs). Additional technical assistance and business financing may be available through these partners.

Please contact DPCD staff for referrals or visit the links below for information: 

South Eastern Economic Development (SEED) Corporation

Offers fast track loans (up to $20,000 for start-up and existing businesses at 5-6% fixed); micro and small loans (micro loans up to $50,000 and Small Loans up to $250,000 at 5-6% fixed with flexible terms); and SBA 504 loans (Real Estate or Machinery and Equipment Loans up to $5.5 million at low, fixed rates).

Center for Women and Enterprise (CWE) Eastern MA Business Center

Provides coaching, networking, technical assistance, and consultations supporting women business owners and emerging entrepreneurs. 

MassDevelopment Programs

NOTE: Only suitable for larger, well-capitalized, anchor employer businesses. MassDevelopment’s bond financing programs offer a cost-effective way for companies to finance capital projects, new equipment purchases, and facility expansions; also provides loans and guarantees to help grow operations, and development assistance for early-stage projects.

Businesses seeking to fill open positions, or to secure professional development funding for their employees, are encouraged to explore the following:

• Revere Works Coalition (Local job training and adult basic education providers)
• MassHire Metro North (Regional workforce agency for training and employer engagement)
• Workforce Training Fund (Grant opportunities for upskilling/training existing employees)

The City of Revere’s Department of Planning and Community Development (DPCD) provides small business loans to business owners and entrepreneurs to relocate, start, or grow their  business in Revere. Funding for the program is provided through the city’s Community  Development Block Grant program (CDBG).  CDBG is a Federal Program which provides support for community and economic development activities that create and retain jobs and provide other public benefits aimed at building stronger communities.   

Loans are available from $5,000.00 to $75,000.00, with no to low interest rates for five years. 

Interested applicants must  

• Have a brick-and-mortar location in Revere, and are licensed to operate the business at the said premises. 
• Meet the income eligibility requirement of low to moderate  income or are willing to create or retain jobs for low to moderate income workers. 
• Be in good standing with other City of Revere Departments. 
• Agree to additional reporting requirements for a period of three (3) years after the loan has been approved.
• Complete and submit a City of Revere Small Business Loan Application with accompanying documentation. Appendix A provides the list of documents necessary for loans to be reviewed. Incomplete applications will remain active for one month from the initial start date. 

Additional CDBG requirements and loan program guidelines must be met by the applicant.  To learn more about the Revere Small Business Loan Program policies and eligibility criteria, please contact John Festa Business Liaison at jfesta@revere.org or 781-286-8194 x20318.

If you are interested, the application is available here in English and Spanish. Applications will be accepted on a rolling basis. 

You can read more about the program's policies and procedures here (English) and aquí (español). 

Reduce overhead costs, increase profit margins, and boost the comfort of your customers and employees! The Mass Save Energy Program offers up to 70% off on efficiency upgrades on insulation, refrigeration, lighting, and electronics. Contact a Mass Save representative today at masssave.com/northsuffolk or call 617-485-0789.

Small business owners operating on Broadway and Shirley Ave can apply for free technical assistance in three content areas: financial management, marketing & merchandising, and business expansion strategies to improve business operations and promote curb appeal to customers walking or driving along Broadway or Shirley Ave. If interested, please apply here (English) or aquí (Español). 

Starting Wednesday, November 4, the Revere Affordable Housing Trust Fund will be accepting applications for the Revere Affordable Homeownership Buydown Program, which provides up to $75,000-$200,000 in direct purchase price assistance to income-eligible Revere residents purchasing their first home in the City.

To qualify, applicants must be first-time homebuyers who have lived in Revere for at least two years (or have children in Revere Public Schools, or work 30+ hours per week for a Revere-based employer), complete a homebuyer education course, obtain pre-approval for a fixed-rate mortgage, and contribute at least 3% of the purchase price as a down payment. The property will be subject to a 20 year deed restriction.

or more information, contact Joe Gravellese from the Department of Planning and Community Development at jgravellese@revere.org. The application link will be shared here when it goes live on November 4 at 8:15AM.

Learn more about the Buydown Program Guidelines here

Apply Now

The City of Revere ADU Loan Program Application now live:

Apply Now.

The ADU Loan Program is designed to expand the supply of affordable rental housing in Revere by supporting homeowners who wish to construct, legalize, or renovate Accessory Dwelling Units (ADUs). The program provides forgivable $10,000 loans in exchange for a commitment to rent the unit at an affordable rate to income qualified tenants.

This program was funded by the City of Revere Affordable Housing Trust Fund. A total of $50,000 will be awarded on a first-come, first-served basis. Terms and conditions apply – please see the link for a full explanation of eligibility guidelines. With questions, contact Joe Gravellese, Department of Planning and Community Development – jgravellese@revere.org

This program allows income-eligible current Revere residents purchasing their first home in Revere to receive $10,000 in downpayment assistance. The income limit of the program is 100% of Area Median Income. You can find the income limits here. Applicants must be already pre-approved for a mortgage and take a first-time homebuyer course in order to receive the funds. The funds are available on a first come, first served basis.

Interested in applying? You can find the online application here: First Time Homebuyer Downpayment Assistance Application

For questions about the current status/availability of the program, please contact Joe Gravellese at jgravellese@revere.org or 781-286-8181. 

The North Suburban Consortium (NSC) downpayment assistance program provides up to $10,000 in downpayment assistance to first time homebuyers purchasing a property in Revere or other NSC communities - Arlington, Chelsea, Everett, Malden, Medford, Melrose, or Winthrop. The income limits for this program is 80% of Area Median Income. You can find the income limits here.

Funds are available on a first come, first served basis and the application must be completed on paper and delivered to the Department of Planning and Community Development by mail or in person. Complete information about the program, as well as the application, can be found here: NSC DPA Program

For questions about the current status/availability of the program, please contact Joe Gravellese at jgravellese@revere.org or at 781-286-8181.

If you are seeking a lender to work with, the One+ Mortgage Program can be a great option, especially for first-time homebuyers. One+ is specifically designed to make first time homeownership more accessible, with access to preferential interest rates and downpayment assistance. 

To find a list of participating lenders and to get more information on your eligibility and next steps, visit this link: ONE+ - Massachusetts Housing Partnership.

Potential new homeowners can greatly benefit from taking a first-time homebuyer class! These classes are often required for down payment assistance programs or other income-restricted homeowner programs. 

Courses are available through a number of local organizations! Find the one that best suits your needs below! 

• Chelsea Restoration: https://www.chelsearestoration.org/
• Massachusetts Affordable Homeownership Alliance: https://mahahome.org/home
• Additional locations: https://www.mhp.net/one-mortgage/homebuyer-resources/find-a-home-buyer-class

Income restricted affordable condos or home to purchase will be listed on this page whenever they become available, either to apply or to enter by lottery. 

MyMassHome maintains a listing of income-restricted, affordable housing in the Boston area, including homeownership opportunities, which you may be eligible for, depending on income. 

The City of Revere is committed to providing safe and slow streets for all of its road users, including bicyclists, motorists, pedestrians, and people with disabilities. Traffic Calming is a key tool that the city uses to achieve this goal. 

Traffic Calming measures are defined as the combination of measures that reduce the negative effects of motor vehicle use, alter driver behavior, and improve conditions for non-motorized street users. Traffic calming consists of physical design and other measures put in place on existing roads to reduce vehicle speeds and improve safety for pedestrians and cyclists.

Traffic Calming Measures provide many benefits that include:

• Reducing vehicle speeds and increased driver attentiveness
• Reducing dangerous driving behaviors, reducing the frequency and severity of collisions
• Improving safety for pedestrians, people with disabilities, bicyclist, strollers and users of public transit
• Reducing the need for police enforcement
• Enhancing the street environment
• Preserving neighborhood character and livability
• Increasing access for all modes of transportation
• Reducing cut-through motor vehicle traffic

The City of Revere’s new Traffic Calming Policy looks to create a clear, data-driven process to develop Traffic Calming strategies throughout the city.  The policy includes a list of potential calming strategies, and overview of the approvals process, and a petition that must be submitted in order to initiate your traffic calming strategy.

Read more about the approvals process here. You can download a Traffic Calming Petition here.

If you have any questions about the policy, please contact Julie Demauro.

When you are ready to submit a petition, please contact your Ward Councillor.

APPLICATIONS ARE NOW CLOSED

The City of Revere and the Affordable Housing Trust Fund are once again offering a limited number of grants of up to $6,000 to assist eligible senior homeowners with necessary home repairs or accessibility improvements to support aging in place. A total of $85,000 will be awarded, available on a first-come, first-served basis to the first completed and approved applications that have submitted all required documentation. Printed applications can be submitted to the Department of Planning and Community Development, Mezzanine Level, City Hall.

After hearing from residents that they wanted an alert system to warn them in anticipation of potential flood events, the City installed four Hohonu flood sensors in the Riverside and Beachmont neighborhoods. These sensors will track tidal cycles within Rumney Marsh and Belle Isle Marsh.

A locally calibrated meteorological algorithm will be developed to forecast flood conditions using wind, tide, and elevation thresholds. Data will be shared through a public-facing dashboard to support real-time, risk-informed decision-making for residents, first responders, and City staff.

Sign up for text alerts to be notified for potential flood conditions in your neighborhood!

MyCoast: Massachusetts is an online portal developed for the Massachusetts Office of Coastal Zone Management (CZM) by Blue Urchin that allows the public to collect and share photos and observations online or using a mobile app. Reports submitted to MyCoast of extreme high tides, coastal storm impacts, and living shoreline projects help increase awareness of flooding, erosion, and other coastal hazards and help inform storm response and coastal management decisions. Please note: Coastal areas can be extremely dangerous during storms and flooding events due to moving water, waves, and debris, so be sure to monitor your surroundings and be safe when taking photos.

For more information about MyCoast: Massachusetts, please visit this link.