FHLBank Boston Lift Up Homeownership

How much assistance

Up to $40,000 grant (Grant)

Forgivable after 5 years from the closing date, subject to complying with affordability provisions.

Eligibility

• Income limits: Up to 120% of Area Median Income
• First-time buyer required: Yes — Must be a first-generation homebuyer.
• Geographic restrictions: Available across New England (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont) through participating FHLBank Boston member institutions.
• Homebuyer education required: Yes

How to Apply for FHLBank Boston Lift Up Homeownership

Notes

Can be layered with other local, state, and federal DPA programs. The $1,000 down payment contribution must be the homebuyer's own funds, not a gift.

Cities Where This Program Is Available

• Brockton, MA
• Needham, MA
• Saugus, MA
• Cambridge, MA
• Agawam, MA
• Milton, MA
• Worcester, MA
• Lowell, MA
• Woburn, MA
• West Springfield, MA
• Melrose, MA
• Springfield, MA
• Dracut, MA
• Boston, MA
• North Andover, MA
• Norwood, MA
• Tewksbury, MA
• Bridgewater, MA