Clinton Savings Bank Offers Assistance to Homebuyers Through FHL Bank Boston Program
Clinton Savings Bank (clintonsavings.com) has been selected to participate in the Federal Home Loan Bank of Boston’s Equity Builder Program, which assists local homebuyers with down payment and closing costs as well as homebuyer counseling and rehabilitation assistance. The program provides grants to financial institutions to assist households at or below 80 percent of the area median income. Borrowers are eligible to receive up to $22,000 in assistance on a first come first served basis. Buyers must also complete a homebuyer counseling program. “Homeownership is not easily attainable for many households, so we are pleased to offer this assistance to help individuals and families purchase a home. Homeownership helps build wealth and create financial
stability, and programs that assist homebuyers can be effective in adding to the vibrancy of our communities,” said Debra Colonna, SVP/Retail Lending Officer, Clinton Savings Bank. Clinton Savings Bank is eligible to receive up to $220,000 in 2022 through the Equity Builder Program depending on availability of funds.
To learn more about applying for assistance, please contact:
Elisa Cuddy NMLS #857471
firstname.lastname@example.org or 978-365-3444
John Ryan NMLS #27261
email@example.com or 978-365-3489