Through our housing and community investment programs, our members increase affordable housing and promote economic development.
"We're ready to help address the afforable housing needs of the communities you serve."
The Affordable Housing Program provides funding for the creation and renovation of housing for households earning up to 80% of area median income. The application period for this program is now closed.
This homeownership assistance program enables our members to assist lower-income households with down-payment and closing-cost assistance grants.
Members use this discounted fixed-rated financing program to support affordable housing development, small business lending, and capital improvements.
FHLBank Boston develops an annual Community Lending Plan to identify housing and economic development priorities and opportunities.
Our team administers the Affordable Housing Program, Community Development Advance program, and much more and is in frequent contact with members to help them successfully use these programs.
Learn how one Massachusetts bank used the Equity Builder Program to help a local couple purchase their first home.