First Generation Program

First Generation Program은(는) Statewide, Massachusetts 주택 구매자를 위한 보조금입니다. MAHA-STASH First-Gen Home grant program for first-generation, first-time MA homebuyers. $10,000 Boston / up to $20,000 elsewhere in MA. True grant (no lien, no repayment). Pairs with matched-savings curriculum and HUD-certified homebuyer education. 640 FICO. Min $45,000 income / max 100% AMI. Statewide. MAHA's First Generation Program (branded MAHA-STASH First-Gen Home) provides a true grant for first-generation, first-time homebuyers in Massachusetts. Grant amount is $10,000 for purchases in the City of Boston and up to $20,000 for purchases elsewhere in Massachusetts. The grant is non-repayable and combines a matched savings program (borrower saves. MAHA matches) with comprehensive homebuyer education and HUD-certified housing counseling. Must be used toward down payment and/or closing costs at purchase. Stacks with MassHousing DPA, ONE Mortgage, ONE+Boston, City/Town local DPA, and any first-mortgage product. Income up to 100% AMI (varies by county/household size. published ceiling approximately $218,350 for largest household in highest-cost MA MSA). Minimum income $45,000/year (to demonstrate savings capacity). 640 minimum FICO. Statewide eligibility. 재원은 Nonprofit 및 State에서 나옵니다.

First Generation Program은(는) 보조금 형태이므로 상환하지 않습니다. 상환 사유: True grant - no repayment, no lien, no recapture. Awarded at closing as a credit toward down payment / closing costs after borrower completes STASH matched-savings curriculum and HUD homebuyer education. 지원금은 None 순위로 등기됩니다. 탕감 및 상환 조건은 프로그램이 정하며 바뀔 수 있습니다 — 신청 전에 공식 프로그램 페이지에서 확인하세요.

First Generation Program의 대상: 생애 첫 주택 구매자 및 주택을 주 거주지로 사용할 주택 구매자. 여기서 "생애 첫"에는 예외가 있습니다: Per first-mortgage product (FTHB waivers apply at first-mortgage level). MAHA's first-generation requirement does NOT have a waiver - the parent/spouse-parent never-owned criterion is absolute (except for foreclosure-loss exception, which counts as first-gen-eligible). 신용에 대해 프로그램은 다음과 같이 명시합니다: 640 minimum FICO. MAHA defers to first-mortgage lender overlays - no MAHA-specific credit overlay. 주택 구매자 교육 이수가 필요하며, MAHA's HUD-certified Homeownership Advising program (8-hour pre-purchase + post-purchase classes); STASH First-Gen Home program graduates complete additional financial-literacy curriculum prior to grant disbursement.을(를) 통해 받습니다. 거주 요건: Property must be in Massachusetts; primary residence. Statewide. No prior MA residency requirement; MAHA has historically focused on Greater Boston / Eastern MA but expanded statewide via 2024-2026 funding partnerships. 시민권 또는 이민 신분: Per first-mortgage product overlays. MAHA does not impose a separate citizenship overlay. FIRST-GENERATION HOMEBUYER REQUIRED: Borrower (and borrower's spouse, if applicable) AND borrower's parents (and spouse's parents) must NEVER have owned a home in the United States, OR must have lost a home in the U.S. due to foreclosure. This is the defining MAHA first-gen criterion - it is stricter than a standard first-time homebuyer (FTHB) test and is documented via a MAHA self-certification + parent disclosure. Also required: first-time homebuyer (no ownership of primary residence in past 3 years), owner-occupied MA primary residence, household income at or below 100% AMI for the county of purchase, minimum household income of $45,000/year (savings-capacity floor), 640 minimum FICO, completion of MAHA's STASH First-Gen Home matched-savings + financial-literacy curriculum (typically 6-12 months of program participation prior to closing), and completion of MAHA's HUD-certified pre-purchase homebuyer education course.

First Generation Program은(는) 가구 소득을 지역 중위 소득의 100%로 제한하며, 이 금액은 카운티와 가구 규모에 따라 다릅니다. Household income at or below 100% AMI for the county of purchase (HUD AMI tables). Published ceiling approximately $218,350 for 4+ person household in highest-cost MA MSA. Minimum household income of $45,000/year required (demonstrates capacity to save and complete the STASH matched-savings program). Income includes all household members 18+. 한도는 차입자 본인의 소득만이 아니라 가구 전체 소득에 적용됩니다. 지역 중위 소득 수치는 HUD가 발표하고 매년 갱신하므로, 수치를 믿고 판단하기 전에 해당 카운티의 최신 표를 확인하세요.

First Generation Program의 구매 가격 상한은 다음과 같습니다: MAHA imposes no separate purchase-price cap; first-mortgage product limits apply (e.g., MassHousing $838,717 1-unit; ONE+Boston $585,000 1-unit Boston). 대상 주택 유형: Single-family detached, 2-4 unit owner-occupied, condo, townhouse, PUD. Per first-mortgage product overlays. 신축 주택도 대상입니다. 조립식 주택은 대상이 아닙니다.

First Generation Program은(는) 지원 대상 그룹으로 가족 중 첫 주택 구매자을(를) 명시합니다. 여기에 이름이 나온다는 것은 프로그램이 해당 그룹을 언급한다는 뜻이며, 그 그룹에 속한다는 것만으로 신청자가 자격을 갖춘다는 뜻은 아닙니다 — 나머지 자격 요건도 그대로 적용됩니다.

First Generation Program은(는) Statewide, Massachusetts에서 주택을 구매하는 주택 구매자를 지원합니다. 이 프로그램은 특정 지역을 대상으로 합니다: Boston-specific grant amount ($10,000) vs. balance-of-state ($20,000). MAHA partnerships have historically prioritized Boston, Brockton, Lawrence, Lowell, Lynn, New Bedford, Springfield, and Worcester (Gateway Cities) for outreach and recruitment, though program is open statewide.

First Generation Program 신청은 운영 기관을(를) 통해 진행되며, 해당 기관이 자체 사이트에 최신 조건과 신청 절차를 게시합니다. 자금 예약: Reserved through MAHA STASH program enrollment (typically 6-12 month program). Funds awarded at closing per STASH graduation. Apply via mahahome.org/STASH or stash@mahahome.org. Hey Prescott는 대출 기관이 아니며 신청서를 받지 않습니다. 이 페이지는 주택 구매자가 대출 기관이나 주택 상담사에게 가져갈 수 있도록 프로그램을 설명합니다.