Housing Our Workforce

Housing Our Workforce (HOW):

HOW is a Federal Home Loan Bank Boston (FHLB) grant-based program with funds available on a first-come, first-served basis
Assists eligible homebuyers with up to $25,000 in matching grants for down-payment costs*
Available to households earning more than 80% and up to 120% of HUD Area Median Income based on property location
Supports borrowers who are essential to the long-term economic vitality of our communities purchase homes in communities where they work
Recipients who are first-time homebuyers must complete homebuyer education/counseling program

For more information about HOW, click here or contact one of our local lenders.

*Program amounts subject to change without notice

East Cambridge at Your Service