The Federal Home Loan Bank of Boston offers two down payment assistance programs across New England, the Equity Builder Program and Housing Our Workforce.

Equity Builder

The Equity Builder Program offers  down-payment, closing-cost, and rehabilitation assistance to low and moderate income homebuyers. Grants are made to eligible borrowers when they close on mortgages with participating lenders. You must apply through a participating lender. See Frequently Asked Questions and Participating Lenders for more information.

Housing Our Workforce

The Housing Our Workforce program provides a two-to-one match of down payments made at time of purchase by eligible homebuyers. For example, if a homebuyer makes a $10,000 down payment, the program will provide a $20,000 match. You must apply through a participating lender. See Frequently Asked Questions and Participating Lenders for more information.

 

Both programs are first-come, first-served as funds become available and other eligibility restrictions apply.