How Home Buyers Can Receive $50,000 Through The MassDreams Grant Program
On September 12th, 2022, Mass Housing announced the launch of the new MassDreams Grant Program. Qualified first-time home buyers can receive up to $50,000 in financial assistance and can be used to purchase primary residences of single-family homes, condos, and up to 4-unit multi-family homes. Because it is a grant, no re-payment is required, even on re-sale!
Find out if you quailfy: https://www.mikemularczyk.com/massdreams-landing
You can use the money for:
- Down payment
- Closing costs
- Escrow funds
- Points
- Prepaying mortgage insurance
How much financial assistance will be available through the grant?
The grant will provide up to $50,000 in financial assistance to buyers who make up to 100% of the Area Median Income, and up to $35,000 for up to 135% of the Area Median Income.
The MassDreams grant program can be used in anywhere in the State of Massachusetts, provided you are CURRENTLY living in one of the communities deemed to have been "disproportionately impacted by Covid."
The list of eligible cities and towns includes: Boston (all neighborhoods), Attleboro, Barnstable, Brockton, Chelsea, Chicopee, Everett, Fall River, Fitchburg, Framingham, Haverhill, Holyoke, Lawrence, Leominster, Lowell, Lynn, Malden, Methuen, New Bedford, Peabody, Pittsfield, Quincy, Randolph, Revere, Salem, Springfield, Taunton, Westfield, & Worcester.
Find out if you quailfy: https://www.mikemularczyk.com/massdreams-landing
You can use the money for:
- Down payment
- Closing costs
- Escrow funds
- Points
- Prepaying mortgage insurance
How much financial assistance will be available through the grant?
The grant will provide up to $50,000 in financial assistance to buyers who make up to 100% of the Area Median Income, and up to $35,000 for up to 135% of the Area Median Income.
The MassDreams grant program can be used in anywhere in the State of Massachusetts, provided you are CURRENTLY living in one of the communities deemed to have been "disproportionately impacted by Covid."
The list of eligible cities and towns includes: Boston (all neighborhoods), Attleboro, Barnstable, Brockton, Chelsea, Chicopee, Everett, Fall River, Fitchburg, Framingham, Haverhill, Holyoke, Lawrence, Leominster, Lowell, Lynn, Malden, Methuen, New Bedford, Peabody, Pittsfield, Quincy, Randolph, Revere, Salem, Springfield, Taunton, Westfield, & Worcester.