MountainOne Bank Offering Assistance To Homebuyers

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NORTH ADAMS, Mass. — MountainOne Bank, with branches across Berkshire County and the South Shore, has been selected to participate in the Federal Home Loan Bank of Boston's Housing Our Workforce (HOW) Program, which assists local homebuyers with down-payment.
 
Through HOW, the FHLBank of Boston provides $2.5 million in grants to participating financial institutions to assist homebuyers with the purchase of an owner-occupied primary residence. Income-eligible households can receive up to $10,000 in a one-to-one match of down payments made at the time of purchase, which is forgivable after five years from the date of loan closing. To be eligible, borrowers must be earning more than 80 percent and up to 120 percent of the area median income address of their new home, and must complete a homebuyer counseling program, and post-purchase counseling approved by MountainOne Bank. Loans are subject to credit approval.
 
"Many homeownership programs are designed to assist lower-income individuals and families. It is often challenging for those in a slightly higher income range to afford housing, particularly in communities where home prices are rising. With this program, a greater number of borrowers who are incredibly important to the economic well-being of our communities will be able to achieve homeownership," said Robert Fraser, MountainOne President & CEO.
 
MountainOne Bank is eligible to receive up to $100,000 in 2021 through HOW depending on availability of funds.
 
Those interested in learning more about how they may qualify for HOW funds can contact MountainOne Bank via the www.mountainone.com website or via phone at 855.444.6861. 

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Clarksburg Sees Race for Select Board Seat

CLARKSBURG, Mass. — The town will see a three-way race for a seat on the Select Board in May. 
 
Colton Andrews, Seth Alexander and Bryana Malloy returned papers by Wednesday's deadline to run for the three-year term vacated by Jeffrey Levanos. 
 
Andrews ran unsuccessfully for School Committee and is former chairman of the North Adams Housing Authority, on which he was a union representative. He is also president of the Pioneer Valley Building Trades Council.
 
Malloy and Alexander are both newcomers to campaigning. Malloy is manager of industrial relations for the Berkshire Workforce Board and Alexander is a resident of Gates Avenue. 
 
Alexander also returned papers for several other offices, including School Committee, moderator, library trustee and the five-year seat on the Planning Board. He took out papers for War Memorial trustee and tree warden but did not return them and withdrew a run for Board of Health. 
 
He will face off in the three-year School Committee seat against incumbent Cynthia Brule, who is running for her third term, and fellow newcomer Bonnie Cunningham for library trustee. 
 
Incumbent Ronald Boucher took out papers for a one-year term as moderator but did not return them. He was appointed by affirmation in 2021 when no won ran and accepted the post again last year as a write-in.
 
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