Brookline Bank Joins Big First-Time Homebuyer Programs
Brookline Bank is the latest financial institution to participate in the Massachusetts Housing Partnership’s ONE+ and ONE+ Boston first-time homebuyer programs.
Housing Market Tests New Mortgage Program’s Effectiveness
MHP’s new mortgage product offers new and bigger discounts to low- and middle-income buyers. But without more housing supply, officials say, there are limits to how much it can do on its own.
Gateway Cities Homebuyers Get New, Cheaper Mortgage Option
Low- and moderate-income, first-time homebuyers in Massachusetts’ largely working-class Gateway Cities have a new mortgage option at their disposal that’s designed to make home ownership more attainable.
Taking the Home Ownership Fight to the Next Level
Isabel Cruz is a familiar face to some in the housing advocacy world from her time at MHP. Now, she’s taking that experience to lead Boston-area CRA work at M&T Bank as it looks to build on the work of the former People’s United Bank.
Wu Budget Puts $60M Toward Home Ownership Programs
Boston Mayor Michelle Wu appeared at the Massachusetts Affordable Housing Alliance’s office in Dorchester yesterday to tout her proposal to spend $60 million in federal COVID aid on affordable home ownership programs.
Community Groups Watch for Effects of Mergers
The mergers and acquisitions transforming the Massachusetts banking industry this year will also have a significant effect on another group: the community development organizations that partner with banks on affordable housing and lending programs.
Boston’s Next Mayor Must Put Words into Action
Dismantling the structures that perpetuate inequities for Bostonians should be a high priority for the next mayor. The reality is the future of the entire city of Boston depends on it.
Four Banks Join Boston’s New Mortgage, Down Payment Program
It is hoped the program will give city families and residents who earn area median income or below a leg up on all-cash buyers in the city’s expensive housing market.
