Currently, neither the Massachusetts Department of Housing and Community Development nor MassHousing are offering Massachusetts first time home buyer grants. That’s the bad news. The good news is that various cities and towns throughout Massachusetts have their own grant programs.
This program features Zero interest, deferred payments, and comes in the form of a 10-year term loan, and the loan is forgivable at the end of the 10 year term, thus turning into a grant.
Here is the full contact information:
The Boston Home Center
Department of Neighborhood Development
Phone: 617.635.HOME (4663)
Brockton: The City of Brockton First Time Home Buyer Program (FTHP)
The FTHP offers financial assistance to first time eligible homebuyers for down payment and closing costs thought a zero-interest loan repayable in the events of transferring of the property ownership, refinancing (except for rate and term of the loan) and death of the property owner. The program is funded by the U.S Department of Housing & Urban Development (HUD) HOME Investment Partnership Program.
The City has partnered with NeighborWorks Southern Mass to provide financial assistance of up to $7,500 per household in the form of a First Time Homebuyer Loan.
You can get more information on this program here (click programs in the top menu, then choose first time home buyer program).
Arlington: First Time Home buyers Down payment Assistance and Counseling Program Arlington is part of a Consortium of 7 municipalities that together run a program providing assistance to first time home buyers. The Homebuyers Counseling program is open to people of any income. Income eligible families can also qualify for down payment assistance and deferred second mortgages (a second mortgage for up to 20% of the purchase price with no repayment for 5 years. After 5 years, the loan is forgivable and in effect becomes a grant).