Greylock Federal Offers Assistance To Homebuyers Through FHLBank Boston Programs

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PITTSFIELD, Mass. — Greylock Federal Credit Union has been approved to participate in Federal Home Loan Bank of Boston's homeownership assistance programs, Equity Builder Program, Housing Our Workforce and Lift Up Homeownership.
 
All three programs help income-eligible homebuyers who are purchasing one- to four-family homes that will serve as their primary residence.
 
Equity Builder Program (EBP) provides grants to financial institutions to help local first-time homebuyers with down payments and closing costs as well as homebuyer counseling and rehabilitation assistance. Borrowers earning up to 80 percent of the area median income are eligible to receive up to $32,099 in assistance on a first-come, first-served basis. Buyers must complete homebuyer education/counseling.
 
Housing Our Workforce (HOW) enables financial institutions to help local homebuyers earning more than 80 percent and up to 120 percent of the area median income with down payments and closing costs. Borrowers can receive up to $25,000 in assistance on a first-come, first-served basis. Buyers must complete homebuyer education/counseling if they are a first-time homebuyer.
 
Lift Up Homeownership provides grant funding to financial institutions to assist first-generation homebuyers with incomes up to 120 percent of the area median income who are purchasing homes in New England. Income-eligible homebuyers may receive up to $40,000 for down payments and closing costs.
 
"These grant programs are designed to ease challenges associated with a home purchase, particularly at a time when home prices are high and are beyond the reach of many individuals and families. We are pleased to participate to help borrowers become homebuyers, while also supporting the financial stability and vitality of our communities," said Tara McCluskey, Greylock's Vice President, Mortgage Originations Manager.
 
Greylock is eligible to reserve up to $320,000 through the EBP, up to $250,0000 through HOW, and up to $400,000 for Lift Up Homeownership depending on availability of funds in 2026.
 
To learn more about applying for assistance through these programs, please contact the Greylock mortgage department at 413-236-4125.
 
Learn more about Greylock at greylock.org.
If you would like to contribute information on this article, contact us at info@iberkshires.com.

Pittsfield School Committee Votes to Close Morningside

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — There were tears as the School Committee on Wednesday voted to close Morningside Community School at the end of the school year. 

Interim Superintendent Latifah Phillips said the purpose of considering the closure is to fulfill the district's obligation to ensure every student has access to a learning environment that best supports academic growth and achievement, school climate, equitable access to resources, and long-term success. 

"While fiscal implications are included, the7 closure of the school is fundamentally driven by the student performance, their learning conditions, the building inadequacy, and equitable student access, rather than the district's budget," she said. 

"…The goal is not to save money. The goal is to reinvest that money to make change, specifically for our Morningside students, and then for the whole school building, as a whole." 

Over the last month or so, the district has considered whether to retire the open concept, community school at the end of the school year. 

Morningside, built in the 1970s, currently serves 374 students in grades prekindergarten through Grade 5, including a student population with 88.2 percent high-needs, 80.5 percent low-income, and 24.3 percent English learners.  Its students will be reassigned to Allendale, Capeless, Egremont, and Williams elementary schools.

The school is designated as "Requiring Assistance or Intervention," with a 2025 accountability percentile of seventh, despite moderate progress over the past three years, and benchmark data continues to show urgent literacy concerns in several grades. 

School Committee member and former Morningside student Sarah Muil, through tears, made the motion to approve the school's retirement at the end of this school year.  

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