Workforce Advantage is available to first-time homebuyers who:
- Earn up to 80% of the Area Median Income (AMI) - Income Certification required by MassHousing for Total Household Income
- Purchase a single-family home, condominium, or 2- to 4-family property in Massachusetts
Workforce Advantage Details
Workforce Advantage includes:
- An affordable, fixed rate MassHousing Mortgage
- A $30,000 down payment assistance loan
- Mortgage Insurance with MI Plus job loss protection, paid by MassHousing
Expanded Down Payment Assistance
Expanded down payment assistance (DPA) gives Workforce Advantage borrowers more buying power!
First-time homebuyers who are eligible for the Workforce Advantage Program can use down payment assistance of $30,000 to help cover their down payment and closing costs when purchasing a home in every city and town in Massachusetts.
Next Steps
Sign up for a homebuyer education class.
Questions about Workforce Advantage? Contact our HomeOwnership team at 888.843.6432 or homeownership@masshousing.com.