FHLBank Boston's Homeownership Assistance Programs
03/21/2024
Washington Savings Bank has been approved to participate in the FHLBank Boston Homeownership Assistance Programs. Grant Funds are available First-Come, First Served starting April 1st, 2024.
Equity Builder Program
- Assists eligible homebuyers with up to $30,806 in down-payment and closing costs
- Available to households with incomes at or below 80% of HUD Area Median Income based on property location
- First-time Homebuyers must complete homebuyer education/counseling program
Housing Our Workforce
- Assists eligible homebuyers with 10% of the home sales price or up to $25,000.00 in down-payment and closing costs
- Available to households earning more than 80% and up to 120% of HUD area median income based on property location
- Recipients who are first-time homebuyers must complete homebuyer education/counseling program
These programs are available for qualifying applicants