Metro Credit Union

Metro Credit Union, the largest state-chartered credit union in Massachusetts, has been approved to participate in the Lift Up Homeownership program, a special purpose credit program offered by Federal Home Loan Bank of Boston (FHLBank Boston) to provide financial assistance to people of color purchasing their first home.

Through Lift Up Homeownership, people of color earning up to 120% of the area median income are eligible to receive up to $50,000 in down-payment closing-cost assistance on a first-come, first-served basis to purchase their first home. Participating homebuyers are required to complete a homebuyer counseling program prior to receiving a program grant.

“We’re pleased to participate in the Lift Up Homeownership program to offer members an important tool to help build financial stability through the purchase of their first home”,” said Robert Cashman, President and CEO, Metro Credit Union. “Making homeownership more accessible is essential for the growth and financial wellbeing of our communities.”

Eligible buyers include borrowers who are Black/African American, American Indian or Alaska Native, Hispanic, Asian, and Native Hawaiian or Pacific Islander. To learn more about applying for homebuying assistance through the Lift Up Homeownership program and other programs Metro offers in partnership with FHLBank Boston and other organizations, click here or contact Lucas Ross, Mortgage Sales Manager, lross@metrocu.org.

About Metro Credit Union

Metro Credit Union is the largest state-chartered credit union in Massachusetts, with $3.4 billion in assets. Metro provides a full range of financial products to close to 200,000 members in Barnstable, Bristol, Essex, Franklin, Hampden, Hampshire, Middlesex, Norfolk, Plymouth, Suffolk, and Worcester counties in Massachusetts, and Cheshire, Hillsborough, and Rockingham counties in New Hampshire. Metro is the credit union of choice for employees at over 1,200 companies through its Metro@work program.

Founded in 1926, Metro currently operates branch offices in Boston, Burlington, Chelsea, Dorchester, Framingham, Lawrence, Lynn, Medford, Melrose, Newton, Peabody, Reading, Salem, Tewksbury, and West Roxbury. Metro is also a Juntos Avanzamos (“Together We Advance”) designated credit union, an honor given to financial institutions for their commitment to serving and empowering Hispanic and immigrant consumers. Metro was recently named among the most charitable companies in Massachusetts by the Boston Business Journal. Learn more at MetroCU.org.

About FHLBank Boston:
Federal Home Loan Bank of Boston is a cooperatively-owned wholesale bank for housing finance in the six New England states. Its mission is to provide highly reliable wholesale funding and liquidity to its member financial institutions in New England. The Bank also develops and delivers competitively priced financial products, services, and expertise that support housing finance, community development, and economic growth, including programs targeted to lower-income households.