flexible financing for you
The Project Reinvest program is currently closed to new applicants. Information on our other programs can be found here.
The Project Reinvest fund provides down payment assistance and/or closing cost assistance of up to $10,500 to eligible borrowers. Our program prepares homebuyers for the responsibilities of owning a home through education and counseling, promoting sustainable and affordable homeownership in Western Massachusetts (Berkshire, Franklin, Hampshire, Hampden counties) and Suffolk County.
Project Reinvest funds are available as a 0% interest mortgage due upon sale, refinance, or transfer of the home, and comes with a $250 initial fee.
Project Reinvest Lenders in Massachusetts
The first mortgage must be provided by a bank on this list of participants in the Project Reinvest: Homeownership program.
Bank of America
Freedom Credit Union
People’s United Bank