Construct has announced a "final mile" closing cost grant of $2,500 available to low-to-moderate-income south Berkshire County residents to help create access to home ownership.
Massachusetts State Representative William "Smitty" Pignatelli successfully introduced an amendment to the Massachusetts American Rescue Plan Act (ARPA) in the Fiscal 2023 Budget, appropriating $100,000 for a Berkshire County first-time home buyers' program. Working with area mortgage brokers, Construct administers the funds to provide eligible candidates with "final mile grants" for closing expenses. Applicants already approved through their financial institution and who earn up to 100% of Area Medium Income (AMI) and are buying a home in one of the participating towns are eligible. In addition to Egremont, other participating towns are Alford, Becket, Dalton, Great Barrington, Lee, Lenox, Monterey, Mount Washington, New Marlborough, Otis, Richmond, Sandisfield, Sheffield, Stockbridge, Tyringham, Washington, and West Stockbridge.
General questions about the closing cost grant can be directed to Construct Housing Navigator Kate Coulehan at firstname.lastname@example.org