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Florence Bank Welcome Home First-Time Homebuyer Program

Administered by:
Florence Bank
· Nonprofit · Grant
Funding status: Active

How much assistance

$1,000 lender credit (Welcome Home tier); $11,000 in lender credits (Welcome Home Plus tier); additional $10,000 credit if property is in a Majority Minority Census Tract

Eligibility

  • Income limits: No income restrictions
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Property must be an owner-occupied single-family, two-family, or condominium in Chicopee, Holyoke, or Springfield, MA.
  • Homebuyer education required: No

How to Apply for Florence Bank Welcome Home First-Time Homebuyer Program

Contact Florence Bank at 413-586-1300 or visit a local branch. The Chicopee branch is located at 705 Memorial Drive, Chicopee, MA 01020.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)