Yes, there was a recent announcement regarding down payment assistance for first-time homebuyers in Massachusetts.

On June 11, 2025, MassHousing announced the expansion of its Down Payment Assistance (DPA) mortgage program. This expansion significantly increases the reach and impact of the program for first-time homebuyers across the state.

Key Details of the Announcement

• Up to $25,000 in Down Payment Assistance: All income-eligible first-time homebuyers can now access up to $25,000 in down payment assistance when purchasing a first home in any city or town in Massachusetts1.

• Largest Statewide Program: This expansion makes MassHousing’s DPA the largest statewide homebuyer assistance program for moderate- and middle-income buyers in Massachusetts1.

• Elimination of Geographic Restrictions: Previously, middle-income buyers could only access DPA in specific areas (Gateway Cities, Boston, and Randolph). Now, the program is available statewide to all qualified buyers, regardless of location1.

• Income Limits:

  • In eastern Massachusetts (including Essex, Middlesex, Norfolk, Plymouth, and Suffolk Counties), income limits for eligibility are up to $205,335.

  • Worcester County: $165,645

  • Hampshire County: $160,650

  • Hampden County: $129,8701

• Eligibility:

  • Must be a first-time homebuyer.

  • Must use a MassHousing first mortgage to purchase the home.

  • Must meet income eligibility requirements15.

• Loan Terms:

  • Up to $30,000 available for buyers earning up to 60% of the Area Median Income (AMI) at 0% interest, deferred repayment.

  • Up to $25,000 available for buyers earning up to 80% of AMI at a 2% interest rate.

  • Up to $25,000 available for buyers earning between 80% and 135% of AMI at a 3% interest rate15.

• Homebuyer Education: All MassHousing borrowers are required to complete a homebuyer education course before purchasing1.

Impact

This expansion is designed to help more working families and middle-income households overcome the barrier of saving for a down payment, making homeownership more accessible throughout Massachusetts1.

Additional Notes

• MassHousing down payment assistance is only available in conjunction with a MassHousing first mortgage15.

• Over the past five years, MassHousing has provided nearly $3 billion in first-mortgage financing and over $122 million in down payment assistance to thousands of Massachusetts households1.

In summary: If you are a first-time homebuyer in Massachusetts, you may now be eligible for up to $25,000 in down payment assistance statewide, thanks to this recent expansion by MassHousing

Disclaimer: This blog post is for informational purposes only and does not constitute financial advice. Consult with qualified professionals before making any financial decisions.

Michael Mahoney
617-615-9435
mike@mmahoney.com
www.HomesinBostonMass.com

MA. License #9051300
Real Broker LLC License #423031

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