The GFA Credit Union is participating in the Federal Home Loan Bank of Boston Equity Builder Program. As arecipient of a FHLBBoston grant, GFA Federal Credit Union will provide home ownership assistance to low- to moderate-income households in each branch market served by the Credit Union, including Rindge and Peterborough.
This program will allow GFA to extend homeownership to portions of both Cheshire and Hillsborough Counties in the State of New Hampshire.
The Equity Builder Program provides eligible homebuyers with up to $15,000 in down payment assistance and closing cost funds. In addition, GFA will provide each program participant with an additional $350 off closing costs.
The $150,000 in Equity Builder Program grants received by GFA Federal Credit Union are available on a first come first served basis. An application is required to be submitted to be considered for funding.
To qualify as a participant in the Equity Builder Program, eligible homeowners are required to meet specific income criteria determined by Housing and Urban Development. The predetermined criteria vary by state and county. Interested applicants are encouraged to contact GFA regarding their specific circumstances.
GFA Federal Credit Union serves 29,000 members who live or work in Central Massachusetts and Southern New Hampshire. Visit gfafcu.com or call 978-632-2542 for more information.