![]() Then once you are enrolled in the program you must attend 8 one-hour monthly credit, budget, and asset management sessions virtually via Zoom video conference and save $2,000 from your own funds over the course of one year into the STASH™ savings account we open on your behalf with a participating bank. Earn a minimum household income of $45,000 per year.Earn 100% of area median income and below for each household (”Household” Income limit cannot exceed 100% AMI based on household size and county in which you currently live).Be a graduate of MAHA's (or another CHAPA certified) first time homebuyer class.A cohort of participants is led through 12 seminar topics ranging from SMART goal setting for homeownership, establishing good saving habits, building a budget, managing credit, consumer rights, estate planning and more all of which are essential to preparing for the home buying process and sustaining homeownership. This three-year program focuses on financial literacy topics that are essential to the homebuying journey. STASH™ equips graduates with confidence, knowledge, and resources to make informed choices about buying their first home. ![]() ![]() Saving Towards Affordable Sustainable Homeownership (STASH™ ) is a first in the nation matched savings program for first-generation first-time homebuyers in Massachusetts. ![]()
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