Learn About DPA Programs Available To You
First time home buyers in Massachusetts have many options available to them for help in purchasing their first residence. If you feel that saving enough for a down payment will forever prevent you from buying your first residence, here’s some great news. The Massachusetts Department of Housing and Community Development (DHCD), offers down payment assistance for Massachusetts residents in your situation.
Massachusetts DPA Details
Help coming up with the needed down payment is perhaps the greatest resource that you can tap into as a first time home buyer. Here are some details from the DHCD website:
First-time Homebuyer ProgramsThe Massachusetts Department of Housing and Community Development (DHCD) provides several services for 1st time homebuyers including, providing a list of DHCD assisted affordable units for sale, giving assistance to homebuyers with downpayments, closing costs, and mortgage information. The DHCD also provides first-time homebuyer education programs which are held periodically through the Commonwealth.
To get complete program details, including income limits as well as how to get the application process started, please visit the DHCD web page.