Boston announces a state grant meant to help residents purchase and maintain their homes
The city of Boston’s Home Center, part of the Department of Neighborhood Development, has been awarded a $158,475 grant from the state of Massachusetts with the goal of helping Boston homeowners purchase, improve, and maintain their homes.
According to Mayor Marty Walsh’s office, which announced the grant in a statement on Wednesday, the money is a part of “$1.3 million in statewide grants that will fund first-time homeownership counseling programs and foreclosure prevention education centers throughout the Commonwealth,” and it comes from Massachusetts’s Division of Bank.
“I am proud of the progress we’ve made on preventing home foreclosures and this grant will help the Boston Home Center continue its efforts towards affordable homeownership for all,” Mayor Walsh said in a statement. “This grant supports Boston’s mission to provide foreclosure prevention and housing stability for families in all of our neighborhoods, and I thank the Commonwealth for their partnership in achieving these goals.”
According to the press release, the BHC has three goals for the grant money: Expanding its foreclosure prevention work, creating more partnerships with homeowner organizations, and adding more programs for linguistic minority groups throughout the city. The BHC will also begin to focus more on home preservation, “to better serve those who are struggling with balancing their finances, debt and expenses due to other economic conditions which might put their housing situation in jeopardy,” the release noted.
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