Boston Marks 1,000th Homebuyer Assisted Through ONE+Boston Program

The Mayor’s Office of Housing today announced that the ONE+Boston Homebuyer Program has reached a major milestone, helping its 1,000th Boston resident purchase a home. The program, offered through the Boston Home Center in partnership with the Massachusetts Housing Partnership (MHP), provides low- to moderate-income, first-time homebuyers with more affordable mortgage options to help in the purchase of a home.

“Boston is proud to celebrate 1,000 families who have been able to become first-time homeowners through their determination and resilience, and with the supports of this critical program. Reaching this important milestone shows the impact of a coordinated approach to housing,” said Mayor Michelle Wu. “We are not just helping residents buy homes; we are providing the tools and support needed at every step, from preparing to purchase, to staying in their homes long-term. ONE+Boston is an important part of that work.”

“This milestone is a testament to the strong partnership between the City, lenders, and community organizations working together to make homeownership more accessible for Boston residents,” said MHP Director of Homeownership, Elliot Schmiedl.  “We are committed to building on this momentum to help even more families achieve affordable homeownership.”

ONE+Boston is the City of Boston’s enhanced version of the ONE Mortgage program and is one of several tools the City uses to help residents achieve homeownership. Through the program, eligible buyers receive fixed-rate mortgages with low down payment requirements, no private mortgage insurance, and City-funded down payment and closing cost assistance. Participants also complete homebuyer education and receive guidance through the Boston Home Center to help them successfully navigate the homebuying process.

“This milestone represents 1,000 Boston households who now have a stable place to call home and a pathway to build generational wealth,” said Chief of Housing Sheila A. Dillon. “ONE+Boston is a critical part of our broader efforts to expand access to homeownership. By pairing financial assistance with education and support, we are helping residents overcome barriers and succeed not just in buying a home, but in sustaining it over time.”

The ONE+Boston program is part of a comprehensive suite of homeownership programs and services offered by the City. Through the Boston Home Center, residents can access homebuyer education courses, financial counseling, and down payment assistance programs that help prepare them for purchasing a home. The City also supports current homeowners through foreclosure prevention resources, home repair and rehabilitation programs, and guidance to help residents maintain safe, stable housing.

Together, these programs reflect the City’s commitment to promoting housing stability, preventing displacement, and creating more equitable access to homeownership opportunities across Boston’s neighborhoods.

Under Mayor Michelle Wu’s leadership, Boston has made historic progress toward creating and preserving homes that residents can afford. Since the start of her first term, the City has produced or begun construction on more than 18,000 new homes, including thousands of income-restricted units, and has launched new policies to make it easier, faster, and less expensive to build housing across every neighborhood. Mayor Wu has directed record levels of investment to prevent displacement, expand affordable homeownership, and support renters and homeowners who face housing instability.

Through innovative programs like the Housing Accelerator Fund, Welcome Home Boston, and the Housing with Public Assets initiative, the City is finding new ways to create housing on public land, convert vacant buildings into homes, and support residents in building wealth and stability. The Mayor’s focus on climate and health has also made Boston a national leader in green and energy-efficient housing. Together, these efforts are helping to make Boston a city where every resident can have a safe, stable, and affordable home, and where communities can grow stronger for generations to come.