FIRST-TIME HOMEBUYER PROGRAMS
Florence Bank has once again been selected to participate in the Lift Up Homeownership Program, a Federal Home Loan Bank of Boston program designed to provide financial assistance to people of color purchasing their first home.
Through Lift Up Homeownership (LUH), Black, American Indian or Alaska Native, Hispanic, Asian, and Native Hawaiian or Pacific Islander borrowers earning up to 120% of the area median income are eligible to receive up to $50,000 in down-payment and closing cost assistance on a first-come, first-served basis to purchase a first home.
Eligibility & Requirements
- Available to First-Time Homebuyer Programs applicants only
- Property must be located in Hampden, Hampshire, or Franklin counties in Massachusetts
- Homebuyers must complete a homebuyer counseling program prior to receiving Lift Up Homeownership funds
Interested in Learning More?
For more information about the Lift Up Homeownership program, please call 413.586.1300 or click the button below to schedule an appointment.
