Down Payment Assistance Program Celebrates First Year of Operation
The Massachusetts Housing Partnership’s newest mortgage program has served 255 first-time homebuyers and dispersed $8 million in down payment help its first year of operation.
The Massachusetts Housing Partnership’s newest mortgage program has served 255 first-time homebuyers and dispersed $8 million in down payment help its first year of operation.
In Gateway Cities – where housing production is already only half of what it needs to be to meet rising demand – increasing the cost of construction materials threatens an already tenuous housing market.
Sales of homes and condominiums in these mid-sized, older industrial hubs are rising as buyers, many of them first-timers, search for more affordable alternatives after being priced out of Boston and its ever more expensive suburbs.
A new study is raising alarm about trends among Black and Latino homebuyers that its authors say could worsen the state’s racial wealth gap.