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Homebuyer Assistance Program


We are not accepting applications for any of these programs at this time. 

Current Status for Newton's Homebuyers "Buy down"  and "ADDI" for Down Payment Assistance programs.


Effective as of February 1, 2016 

The Planning & Development Department will not move forward with these programs at this time. 

The Planning & Development Department will notify the public when we will be accepting applications for these programs again. 

Click link for similar programs http://portal.hud.gov/hudportal/HUD?src=/states/massachusetts/homeownership/buyingprgms

Newton Homebuyer Assistance Lottery
 
WestMetro HOME Consortium - American Dream Downpayment Initiative (ADDI) Program
The City of Newton administers the WestMetro Home Consortium’s American Dream Downpayment Initiative (ADDI) Program. The purpose of the ADDI program is to provide up to $5,000 in downpayment or closing cost assistance to eligible households for the purchase of existing housing units in the following cities and towns. The terms of assistance are set by each individual town:

     Bedford

     Framingham 

     Newton

     Wayland

     Belmont

     Lexington

     Sudbury

     

     Brookline

     Natick

     Waltham

     

     Concord

     Needham

     Watertown

     

Income Eligibility:
The ADDI Program serves households with gross incomes up to 80% of the area median income. Click here for the
current income guidelines (updated March 2015).

To Apply: 

The American Dream Downpayment Assistance Program Application, instructions, and guidelines are available online (see link below);
 via phone at (617) 796-1120, or in person at the:

Housing and Community Development Division
Planning and Development Department
1000 Commonwealth Avenue
Newton, MA 02459

American Dream Downpayment Initiative Program Guidelines and Application

  • Includes:
    • Guidelines
    • Application and Application Documentation Checklist
    • Verification Forms

Other Homeownership Resources: