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Get Matched Free →Newton Homebuyer Assistance Program
Funding status: Active
How much assistance
Varies; provides downpayment and closing cost assistance for deed-restricted affordable homes
Eligibility
- Income limits: Household income at or below 80% of Boston Area Median Income (HUD-determined annually)
- First-time buyer required: Yes — Must complete a First Time Homebuyer Course before qualifying for an affordable homeownership opportunity.
- Geographic restrictions: Must purchase a deed-restricted affordable property within the City of Newton.
- Homebuyer education required: Yes
How to Apply for Newton Homebuyer Assistance Program
Assistance is available when deed-restricted affordable homes are actively listed for sale in Newton. Step 1: Complete a First Time Homebuyer Course. Step 2: Monitor the City of Newton's Current Affordable Housing Opportunities page for available units. Step 3: Apply through the affordable housing lottery for an eligible property. Step 4: If selected, apply for downpayment and closing cost assistance through the City's Housing & Community Development office.
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