Budget Amendment ID: FY2026-S3-19-R1

Redraft ECO 19

Affordable Homeownership Program for First Generation, First Time Homebuyers

Ms. Miranda, Messrs. Gómez, Cronin and Payano, Ms. Rausch, Messrs. Eldridge, Brady and Cyr and Ms. Lovely moved that the proposed new text be amended in section 2, in item 7004-0107, by adding the following words:- “; provided further, that not less than $500,000 shall be expended for the Saving Towards Affordable and Sustainable Homeownership program administered by MAHA, LLC to provide a matched-savings program, financial literacy and homebuyer education for long-term home ownership stability and to assist first-generation homebuyers in a regionally equitable manner to benefit communities throughout the commonwealth”; and by striking out the figure "$100,000" and inserting in place thereof the following figure:- "$600,000".