Making Homeownership Possible
The Lift Up Homeownership program awards funding to members on a first-come, first-served basis to provide first-generation homebuyers, as defined by FHLBank Boston, and/or people of color who are purchasing their first home with down-payment and closing-cost assistance. All homebuyers must have incomes up to or below 120% of the area median income to qualify.
Applying for Lift Up Homeownership:
Members
If you are a member and would like to learn about eligibility requirements, terms, and the application process for Lift Up Homeownership, please refer to this resource which has all the answers you need.
Housing Counseling Agencies
If you work for a housing counseling agency and would like to learn more about how borrowers you’re helping can benefit from the Lift Up Homeownership program, please review these Frequently Asked Questions.
Member Participants
Find a bank or credit union that has been approved to participate in the Lift Up Homeownership program.
Lift Up Homeownership Procedures
Members can learn more by reviewing the Lift Up Homeownership Procedures.
Homebuyers Get a Lift Up
Two Massachusetts-based banks tapped an FHLBank Boston homeownership assistance program to help two families in the Massachusetts communities of Raynham and Randolph purchase their first homes.