GFA FCU Gets $100,000 FHLB Affordable Housing Grant
GARDNER, Mass. – The Federal Home Loan Bank of Boston has awarded GFA FCU a $100,000 “Equity Builder” grant that helps low-income first-time homebuyers pay closing and downpayment costs.
The rules require that properties be owner-occupied. The FHLB sets income guidelines for grant recipients and requires the person to attend a homebuyer education course.