ONE Mortgage program made more affordable in Boston

On July 18, Mayor Marty Walsh announced that the Barriers to Homeownership Working Group, in a partnership with the Massachusetts Affordable Housing Alliance (MAHA) and the Greater Boston Interfaith Organization (GBIO), worked to create the ONE+Boston mortgage program, which will be launched this fall. The new program, offered by the Massachusetts Housing Partnership (MHP), is intended to make progress on the original ONE Mortgage program and aims to permanently buy down interest rates for first-time home buyers earning less than $90,000 in a two-person household, which in turn will create more opportunities for low- to middle-income families to buy a home.