MAHA STASH First-Gen Home Program
Funding status: Active
How much assistance
Up to $10,000 grant in Boston; up to $20,000 in other Massachusetts cities (Grant)
Not applicable — this is a grant, not a loan.
Eligibility
- First-time buyer required: Yes — Must be a first-generation homebuyer, meaning neither you, your parents, nor your spouse (or spouse's parents) have ever owned a home in the US, or lost a home to foreclosure.
- Geographic restrictions: Available in Boston and other Massachusetts cities.
- Homebuyer education required: Yes
How to Apply for MAHA STASH First-Gen Home Program
Step 1: Apply to the STASH program through MAHA. Accepted applicants complete 8 hours of financial literacy and homebuyer education via Zoom, save at least $2,000 in a STASH-specific savings account, and upon closing on a home receive up to a 2-to-1 savings match.
Notes
The STASH program is the first matched savings program of its kind in the country for first-generation homebuyers. The Boston grant amount is $10,000, while grants outside Boston can be up to $20,000.
Cities Where This Program Is Available
- Lawrence, MA
- Gloucester, MA
- Barnstable, MA
- Amherst, MA
- New Bedford, MA
- Brockton, MA
- Needham, MA
- Shrewsbury, MA
- Chelsea, MA
- Saugus, MA
- Cambridge, MA
- Fall River, MA
- Everett, MA
- Agawam, MA
- Braintree, MA
- Northampton, MA
- Medford, MA
- Billerica, MA
- Chicopee, MA
- Somerville, MA
- Newton, MA
- Milton, MA
- Holyoke, MA
- Natick, MA
- Worcester, MA
- Waltham, MA
- Lowell, MA
- Woburn, MA
- Milford, MA
- West Springfield, MA
- Brookline, MA
- Revere, MA
- Taunton, MA
- Malden, MA
- Melrose, MA
- Fitchburg, MA
- Springfield, MA
- Dracut, MA
- Plymouth, MA
- Weymouth, MA
- Haverhill, MA
- Boston, MA
- Wellesley, MA
- Methuen, MA
- Quincy, MA
- Arlington, MA
- North Andover, MA
- Norwood, MA
- Tewksbury, MA
- Lynn, MA
- Marlborough, MA
- North Attleborough, MA
- Attleboro, MA
- Pittsfield, MA
- Beverly, MA
- Bridgewater, MA
- Leominster, MA
- Falmouth, MA