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Revere trust pursues lender partnerships, resource page to boost first-time homebuyer aid
5780419 · September 11, 2025
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Summary
Staff continue to process down-payment assistance applications and are researching partnerships with lenders and state programs; Deb Frank explained the MHP 1+ mortgage product and MassHousing subsidy options that could stack with local grants.
Joe Rafalese updated trustees that the trust has received additional first-time homebuyer down-payment assistance applications and is researching ways to help applicants leverage existing state programs and lender partnerships.
Deb Frank explained the Massachusetts Housing Partnership (MHP) 1+…
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