Downpayment Assistance Programs

This presentation outlines down payment assistance (DPA) programs in Massachusetts, New Hampshire, and Rhode Island for low-to-moderate income homebuyers. Various programs are detailed, including grants and loans with varying interest rates, income limits, and eligibility requirements. Specific programs are categorized by state and type (e.g., MassHousing Workforce Advantage, FHA loans, conventional options). Potential challenges to obtaining DPA are also addressed, such as exceeding income limits or insufficient credit scores. Finally, the presentation provides a list of cities and their respective DPA amounts and steps for clients to obtain assistance.