Metro West CD First Home Down Payment Assistance
Funding status: Active
How much assistance
Eligibility
- Income limits: Must be low-income as defined by HUD/HOME program guidelines.
- First-time buyer required: Yes — Must be a first-time homebuyer.
- Geographic restrictions: Available in Metro West communities including Watertown, Newton, Waltham, Natick, and surrounding areas.
- Homebuyer education required: Yes
How to Apply for Metro West CD First Home Down Payment Assistance
Step 1: Take a homebuyer education class certified by the Massachusetts Homeownership Collaborative. Classes are generally 12 hours of instruction over two or three evenings. In-person Housing Clinics are held on the 1st Tuesday of the month, rotating between Watertown, Newton, and Natick. Contact Metro West CD at 617-923-3505 for details.
Notes
Formerly known as Watertown Community Housing (founded 1991), renamed Metro West CD in 2012. The First Home program is funded by HUD/HOME and provides approximately $150,000 in loans per year to first-time homebuyers. Specific loan amounts per borrower vary. Verify current availability and terms with Metro West CD.