Partnership for Financial Equity released First-Gen Home: A Massachusetts Financial Equity Innovation Story today, a report on the emergence of housing assistance programs that prioritize first-generation homebuyers starting in Dorchester with Massachusetts Affordable Housing Alliance's STASH program.
Partnership for Financial Equity released First-Gen Home: A Massachusetts Finanacial Equity Innovation Story today, a report on the emergence of housing assistance programs that prioritize first-generation homebuyers starting in Dorchester with Massachusetts Affordable Housing Alliance's STASH program. Since 2019, the concept has taken off and now there are eleven locations across the country that have first-generation programs.
MAHA is currently hiring a STASH Program Manager and a Community Organizer! Click here to see the details on the Community Organizer position.
STASH Program Manager Position
Come join the team at MAHA and be a part of the first in the nation first-generation homebuyer-matched savings program, STASH!
BOSTON – February 16, 2022 – Massachusetts Affordable Housing Alliance (MAHA) today announced a 500 loan commitment over a five-year period from Eastern Bank that that will more than double its lending in the Massachusetts Housing Partnership’s ONE Mortgage program. Eastern has been a long-time participant in the program, and MAHA has successfully reached 23,600 low and moderate homebuyers with 60% of those being persons of color through the overall program. Eastern’s goal will be to fund at least 100 ONE Mortgage loans each year from 2021-2025.
MAHA's statement on the use of American Rescue Plan Act funds
Make Homeownership Possible. Close the Racial Homeownership Gap
