Align Credit Union Housing Our Workforce Program

Administered by: Align Credit Union / Federal Home Loan Bank of Boston · Nonprofit · Forgivable Loan

Funding status: Active

How much assistance

Up to $25,000 (Forgivable Loan)

Funds do not need to be repaid as long as the homebuyer does not sell the home during the first five years of ownership.

Eligibility

  • Income limits: Household income must be between 80% and 120% of the area median income.
  • First-time buyer required: No
  • Geographic restrictions: Available in Align Credit Union's service area, including Andover and surrounding Merrimack Valley communities.
  • Homebuyer education required: Yes

How to Apply for Align Credit Union Housing Our Workforce Program

Step 1: Contact Align Credit Union's Residential Lending Department at (800) 942-9575 or Originations@AlignCU.com. Must complete homebuyer education or counseling if a first-time buyer.

Visit program website

Notes

Funded through the Federal Home Loan Bank of Boston. Funds available on a first-come, first-served basis. Property must be an owner-occupied primary residence. Verify current availability with Align Credit Union.

Cities Where This Program Is Available