Co-Purchasing Housing Pilot Program Launched
Mayor Michelle Wu has launched the Co-Purchasing Housing Pilot Program in Boston, aimed at making homeownership more accessible for middle-income families by allowing multiple households to pool their resources to buy multifamily properties. This initiative is part of a broader housing strategy to combat barriers in Boston's housing market, especially for historically marginalized communities. Participants can benefit from forgivable loans to cover down payments and closing costs, making homeownership a more attainable goal.