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Somerville Affordable Housing Trust Fund Homebuyer Assistance

Administered by:
Somerville Affordable Housing Trust Fund
· City · Deferred Loan
Funding status: Active

How much assistance

Closing cost and down payment assistance (amount varies based on available funding)

Eligibility

  • Income limits: First-time homebuyers with incomes up to 110% AMI
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Must purchase a home within the City of Somerville.
  • Homebuyer education required: Yes

How to Apply for Somerville Affordable Housing Trust Fund Homebuyer Assistance

Step 1: Verify your income is at or below 110% AMI for your household size. Step 2: Complete an approved first-time homebuyer education course. Step 3: Contact the Somerville Affordable Housing Trust Fund for current application details and available funding. Step 4: Submit your application with required documentation.

Learn More About Homebuying Assistance

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