2018 List of 45 MA & RI First Time Home Buyer Programs

2018 List of 45 MA & RI First Time Home Buyer Programs

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Happy family with house blocks

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Update: As with any program, the powers that be regularly review their first time home buyer benefits to make sure that they meet the needs of their residents. The list below is in a series of updates, with the original published in June 2015. Please note that the locations may also have programs for homes occupied by owners, investors, and others that are not listed here.

Introduction

Buying a new home is a giant financial step – but one you do not need to make all by yourself. There are many first time home buyer benefits in Massachusetts and Rhode Island aimed at helping you meet the dream of home ownership. You may be eligible for a first time buyer program, first time home buyer down payment assistance, closing cost assistance, tax credit and/or grant.

Massachusetts

Statewide and Regional Programs

Programs by City or Town

Allston Brighton

  • Allston Brighton CDC: This group strives to build a string and inclusive community through homebuyer education courses and a program designed to increase owner occupancy while decreasing the fees associated with home ownership.

Arlington

Boston

Brockton

  • First Time Homebuyer Program: Offers financial assistance to eligible first time homebuyers to help with down payment and closing costs using a zero-interest deferred loan.

Cambridge

  • Includes classes and counseling for first-time home and condo buyers, financial and down payment assistance, affordable mortgage products, and more.

Easton

Fall River

  • HomeBuyer — HOME Program: Home buyer assistance loan. For one to four-family properties, manufactured or mobile homes, condominiums or cooperatives located in Fall River, meeting the FHA Mortgage Limits for the area.

Fitchberg

  • Housing programs: Administers funds for rehabilitation of owner occupied housing, first time home buyer acquisition and rehabilitation, rental property rehabilitation and demolition.

Framingham

Gloucester

Haverhill

Holyoke

  • Community development: Resources relating to buying a home, home buying education, and down payment assistance.

Lawrence

  • Includes programs for home development funding, first time home buyer down payment assistance, home rehabilitation, and emergency programs for seniors and the disabled.

Lowell

Lynn

  • Neighborhood Services: Offers pre-purchase workshops, down payment and closing cost assistance, and more.

Malden

Medford

Melrose

New Bedford

Newton

Peabody

Plymouth

Quincy

Salem

  • Services include a first time buyer down payment assistance program, home rehabilitation loan program, foreclosure help, energy savings, and more.

Somerville

  • Programs include special affordable housing opportunities, first time home buyer down payment and closing cost assistance, education and workshops.

Springfield

Taunton

Weymouth

Worcester

Rhode Island

Statewide and Regional Programs         

Programs by City or Town

Cranston

  • Programs for first time home buyers, down payment and closing cost assistance, and more.

Providence

Woonsocket

Additional Programs                                                        

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