Bank of America (NYSE: BAC) is pushing a new $5 billion program aimed at helping more than 20,000 homebuyers across the country, including Boston, get a step closer to affording a down payment and the closing costs.

The five-year “Community Homeownership Commitment” will provide up to $17,500 to qualified buyers in certain cities, including Boston. Eligible homebuyers can earn as much as 3% of the home purchase price, or up to $10,000, for a down payment. Bank of America’s additional closing costs…

Boston Biz Journal https://www.bizjournals.com/boston/news/2019/06/24/bank-of-america-offers-5b-in-new-homebuyer-grants.html?ana=RSS&s=article_search