Programs & Support
Business Resources
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
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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 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 Revere Department of Planning and Community Development (DPCD) has announced their Small Business Loan Program. In general, the loan limit will be $35,000. For loan requests determined to have significant job and business growth potential, the loan limit may be extended up to a maximum of $75,000.
Businesses must have a physical location within the community and be income eligible. This requirement ensures that the funding directly supports local enterprises and contributes to our neighborhood's economic growth. Businesses must also meet Community Development Block Grant (CDBG) program criteria.
Please ensure that your business meets these requirements before submitting your application. For further inquiries or clarification on eligibility, feel free to contact John Festa or call the DPCD office.
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).
Resident Resources
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.
There are currently two (2) condos available.
291 Revere St, Unit 11 - $283,317.30: This 2 bedroom, 1 bathroom condo at 291 Revere St is 634 sq ft. The maximum sale price is $283,317.30. The unit is available to households making at or below 80% of Area median income:
For information about this unit, contact the realtor, Roy Avellaneda at Roy@MetropolitanBRE.com.
If you own an income-restricted condo and are seeking to sell it, please contact Joe Gravellese at jgravellese@revere.org or at 781-286-8181
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.
Additional Resources
Sign up for email/text updates from our Small Business Team
Administrative Assistant
781-286-8181 ext. 20329