Governor Healey and Lt. Governor Driscoll Launch the ONE+ Mortgage Program

Office of the Governor · November 25, 2024

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Opening remarks and framing of local housing crisis

AnnouncementPresentation

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An opening speaker introduced state and local officials in Lynn and framed housing affordability as the event focus, saying that "half of our residents are cost burdened," with many paying more than 30% (and some paying 50%) of income toward housing; the remarks linked long-term disinvestment and discrimination to current displacement pressures.

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Governor Maura Healey and Lieutenant Governor Kim Driscoll joined state and philanthropic partners in Lynn to announce the expansion of the "1 Plus" first-time homebuyer program, with an initial $11,000,000 in combined funding to support down payments, closing costs and interest-rate buydowns for buyers in 29 communities.

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Transcript

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