THE EVERETT ADVOCATE – FRiDAy, July 11, 2025 Page 3 Mayor expands access to Everett’s First-Time Homebuyer Assistance Program M Special to Th e Advocate ore families and individuals will now have the opportunity to achieve the dream of homeownership in Everett. Mayor Carlo DeMaria is proud to announce signifi - cant updates to the city’s FirstTime Homebuyer Assistance Program, which now offers expanded eligibility and increased income limits, helping more people than ever qualify for up to $20,000 toward the purchase of their fi rst home. The program, which provides forgivable loans to eligible applicants, has been expanded to include non-Everett residents and households earning up to 150% of the Area Median Income (AMI). Previously, only Everett residents with incomes between 60% and 100% of the AMI were eligible. “This expansion refl ects our commitment to making Everett a place where more people can put down roots,” said Mayor DeMaria. “A $20,000 down payment can be life-changing, especially for working families and young professionals. We’re excited to open the door to more fi rst-time buyers, including those who are looking to join our growing and vibrant community.” Qualifi ed applicants can receive a forgivable loan of up to $20,000, with 20% of the loan forgiven each year over a fi ve-year period — as long as the home remains their primary residence and program requirements are met. The funds can be used to purchase a condo, single-family home or multifamily home within Everett. * Life-Long Resident * Dedicated Family Man * US Navy Veteran * Experienced City Councillor “Everett is on the threshold of unprecedented growth and development. Vote to elect an experienced leader for a changing city” PETER A. NAPOLITANO COUNCILLOR, WARD 1 Sponsored by the Committee to Elect Peter A. Napolitano. Contact us at 617-389-7340, panward1@aol.com, or Facebook SABATINO/MASTROCOLA INSURANCE AGENCY 519 BROADWAY EVERETT, MA 02149 Auto * Home * Boat * Renter * Condo * Life * Multi-Policy Discounts * Commercial 10% Discounts * Registry Service Also Available Sabatino Insurance is proud to welcome the loyal customers of ALWAYS READY TO SERVE YOU: Our Staff are, Emma Davidson, Jeimy Sanchez, Josephine Leone, Marie D’Amore, Rocco Longo, Z’andre Lopez, Anthony DiPierro, Darius Goudreau, Laurette Murphy, Danielle Goudreau and Tina Davidson. PHONE: (617) 387-7466 FAX: (617) 381-9186 Visit us online at: WWW.SABATINO-INS.COM The program should not slow down someone’s buying timeline. Additional updates to the EXPANDS ACCESS | SEE PAGE 5 Elect
4 Publizr Home