Housing Our Workforce (HOW) enables financial institutions to help local homebuyers earning more than 80% and up to 120% of the area median income with down payments and closing costs. Borrowers can receive 10% of the home sales price or up to $25,000 in assistance on a first-come, first. "These grants can help ease some of the challenges associated with a home purchase, particularly in areas like ours where home prices are on the rise." To about applying for assistance, call 800-447-4559 or email [email protected].
Bath Savings has been banking on the coast of Maine for 170 years. The new Center will bring students and employers together to help build careers and strengthen the future of Maine," said Bath Savings President Glenn Hutchinson. A local Maine bank that proudly invests in the people, places and businesses that make Maine strong.
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Member FDIC. Equal Housing Lender. Bath Housing administers 264 Housing Choice Vouchers.
This program is the federal government's major program for assisting very low-income families, seniors, and disabled to afford decent, safe, and sanitary housing available in the private market. The Homeowner Assistance Fund (HAF) is a federal program that was intended to help homeowners who were financially impacted by COVID. Bath Savings has been selected to participate in two home-buying assistance programs: Federal Home Loan Bank of Boston's (FHLBank Boston) Housing Our Workforce (HOW) program and Equity Builder Program.
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Housing Our Workforce (HOW) provides assistance to financial institutions to help local homebuyers earning more than 80% and up to 120% of the area median income with down payments on owner. About Bath Savings Institution Bath Savings Institution is located at 105 Front St in Bath, Maine 04530. Bath Savings Institution can be contacted via phone at 207-442-7711 for pricing, hours and directions.
Bath Savings Trust Company president Tom Whelan got his first job in the banking industry right after graduating from Colby College and has worked in his current role leading the local investment company for two decades. "Helping families, businesses, and nonprofits succeed financially is very attractive to me," Whelan says. "We have a great team here, and everyone is focused on the well.
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