See programs you qualify for

By Tyler Thompson · Licensed Real Estate Agent · Updated April 4, 2026

Homebuyer Programs in Taunton, MA (2026)

Population: 59,719 | Median home price: $490,000 | Est. closing costs: $10,000 - $14,500

Taunton is a Gateway City in southeastern Massachusetts with a population of nearly 60,000, offering a more affordable entry into homeownership compared to the Greater Boston area. With a median home price around $490,000, Taunton is one of the more accessible markets in the state. As a designated MassDREAMS community, Taunton buyers can access grants of up to $50,000 through the MassDREAMS program. MassHousing also offers deferred loans of up to $30,000, and the ONE Mortgage Program provides a 30-year fixed-rate mortgage with just 3% down and no PMI. BayCoast Mortgage offers an additional matching grant of up to $10,000 for eligible first-time buyers purchasing in Taunton. Old Colony Habitat for Humanity also serves Taunton with affordable homeownership opportunities. By combining state and local resources, eligible buyers in Taunton can significantly reduce the upfront costs of purchasing a home.

State Programs in Massachusetts

Program Name	Type	Amount	First-Time Only	Details
MassDREAMS Down Payment Assistance Grant	Grant	Up to $50,000 for buyers earning up to 100% AMI; up to $35,000 for buyers earning 100-135% AMI	Yes	View →
MassHousing Down Payment Assistance	Deferred Loan	Up to $30,000 (below 60% AMI at 0% deferred); up to $25,000 (60-80% AMI at 2%); up to $25,000 (80-135% AMI at 3%)	Yes	View →
ONE Mortgage Program	Zero-Interest Loan	30-year fixed-rate mortgage with 3% down payment and no PMI; qualified borrowers below 80% AMI receive an additional subsidy to lower monthly payments	Yes	View →

MassDREAMS Down Payment Assistance Grant

Type:: Grant
Amount:: Up to $50,000 for buyers earning up to 100% AMI; up to $35,000 for buyers earning 100-135% AMI
First-time only:: Yes

MassHousing Down Payment Assistance

Type:: Deferred Loan
Amount:: Up to $30,000 (below 60% AMI at 0% deferred); up to $25,000 (60-80% AMI at 2%); up to $25,000 (80-135% AMI at 3%)
First-time only:: Yes

ONE Mortgage Program

Type:: Zero-Interest Loan
Amount:: 30-year fixed-rate mortgage with 3% down payment and no PMI; qualified borrowers below 80% AMI receive an additional subsidy to lower monthly payments
First-time only:: Yes

Federal Programs

Program Name	Type	Amount	First-Time Only	Details
FHA Loans	Government-Insured Mortgage	Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)	No	View →
Good Neighbor Next Door (HUD)	Government Property Sale Program	50% discount off the list price of HUD-owned homes	Yes	View →
Home Possible Mortgage (Freddie Mac)	Government-Guaranteed Mortgage	Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment	No	View →
HomeReady Mortgage (Fannie Mae)	Government-Guaranteed Mortgage	Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment	No	View →
HUD $100 Down Program	FHA-Financed HUD REO Purchase	Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.	No	View →
USDA Rural Development Loans	Government-Guaranteed Mortgage	100% financing (no down payment required); loan amount up to appraised value	No	View →
VA Loans	Government-Guaranteed Mortgage	No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)	No	View →

FHA Loans

Type:: Government-Insured Mortgage
Amount:: Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:: No

Good Neighbor Next Door (HUD)

Type:: Government Property Sale Program
Amount:: 50% discount off the list price of HUD-owned homes
First-time only:: Yes

Home Possible Mortgage (Freddie Mac)

Type:: Government-Guaranteed Mortgage
Amount:: Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:: No

HomeReady Mortgage (Fannie Mae)

Type:: Government-Guaranteed Mortgage
Amount:: Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:: No

HUD $100 Down Program

Type:: FHA-Financed HUD REO Purchase
Amount:: Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:: No

USDA Rural Development Loans

Type:: Government-Guaranteed Mortgage
Amount:: 100% financing (no down payment required); loan amount up to appraised value
First-time only:: No

VA Loans

Type:: Government-Guaranteed Mortgage
Amount:: No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:: No

Nonprofit Programs

Program Name	Type	Amount	First-Time Only	Details
BayCoast Mortgage Down Payment Assistance Program	Forgivable Loan	Up to $10,000 in matching funds	Yes	View →
MAHA STASH First-Gen Home Program	Grant	Up to $10,000 grant in Boston; up to $20,000 in other Massachusetts cities	Yes	View →
Old Colony Habitat for Humanity Homeownership Program	Zero-Interest Loan	Affordable home purchase with affordable mortgage terms	No	View →

BayCoast Mortgage Down Payment Assistance Program

Type:: Forgivable Loan
Amount:: Up to $10,000 in matching funds
First-time only:: Yes

MAHA STASH First-Gen Home Program

Type:: Grant
Amount:: Up to $10,000 grant in Boston; up to $20,000 in other Massachusetts cities
First-time only:: Yes

Old Colony Habitat for Humanity Homeownership Program

Type:: Zero-Interest Loan
Amount:: Affordable home purchase with affordable mortgage terms
First-time only:: No

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13 programs available in Taunton. See which ones you qualify for.

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How to Apply

Step 1: Check your eligibility. Most programs require household income at or below 80% AMI. Taunton is a MassDREAMS-eligible community, which provides enhanced assistance for qualifying buyers.

Step 2: Complete homebuyer education. NeighborWorks Housing Solutions at 781-422-4200 offers homebuyer education courses serving Bristol County residents.

Step 3: Contact the City of Taunton Office of Economic and Community Development to learn about current HOME-funded first-time homebuyer assistance through the Greater Attleboro/Taunton HOME Consortium.

Step 4: Get pre-approved for a mortgage. Consider working with a MassHousing-approved lender, a ONE Mortgage participating lender, or BayCoast Mortgage at 877-466-2678 for their matching DPA program.

Step 5: Find a home in Taunton within your budget and program limits.

Step 6: Submit your applications for state and local programs. MassDREAMS, MassHousing DPA, and the BayCoast Mortgage DPA can potentially be combined. Work with your lender to coordinate timing and requirements.

Frequently Asked Questions

How much down payment assistance can I get in Taunton?+

Taunton buyers have access to substantial assistance. As a MassDREAMS-eligible community, buyers can receive grants of up to $50,000. MassHousing provides deferred loans of up to $30,000. BayCoast Mortgage offers matching grants of up to $10,000 for eligible first-time buyers. The ONE Mortgage Program requires just 3% down with no PMI. First-generation buyers may also qualify for the MAHA STASH program with matching grants of up to $20,000.

Do I have to be a first-time homebuyer to qualify?+

MassDREAMS, MassHousing DPA, and BayCoast Mortgage DPA all require first-time homebuyer status. The ONE Mortgage Program is also for first-time buyers. Old Colony Habitat for Humanity does not strictly require first-time buyer status but does require demonstrated housing need.

What is the maximum home price I can pay?+

Purchase price limits vary by program and are updated periodically. MassHousing and ONE Mortgage have specific limits for Bristol County. BayCoast Mortgage DPA has its own purchase price requirements. Contact each program directly for current limits.

What homebuyer education is required?+

Most programs require completion of a HUD-approved homebuyer education course. NeighborWorks Housing Solutions at 781-422-4200 offers courses serving Bristol County residents including Taunton.

What is a Gateway City and how does it help me?+

Taunton is designated as one of Massachusetts Gateway Cities, which are mid-size urban centers facing economic challenges. This designation makes Taunton eligible for enhanced state programs, including the full MassDREAMS grant of up to $50,000 for qualifying buyers.

What are the income limits for Taunton programs?+

MassDREAMS provides up to $50,000 for buyers earning up to 100% AMI and up to $35,000 for those earning 100-135% AMI. MassHousing DPA is available to buyers earning up to 135% AMI. BayCoast Mortgage DPA has its own income eligibility requirements. Income limits vary by household size and are updated annually by HUD.

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Buying a home in Taunton? 13 programs could help.

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