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 Schools Finalizing Bus Routes for Fall

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The district currently has enough bus drivers for the upcoming school year, and families will know their child's transportation schedule in mid-August. 

With about five weeks left of summer vacation, Superintendent Latifah Phillips updated the School Committee on transportation for the 2026-2027 year with middle school restructuring and the closure of Morningside Community School. 

Busing is a question that has continuously been raised as the Pittsfield Public Schools approach an academic year with a couple of big changes. 

"The reason that the bus stops and times aren't shared until very close to the school year is that routes change based on every student that moves into the district and requires a bus, and so it's important for us to wait as late as possible to ensure that families are getting the most accurate timetable," Phillips explained during a meeting held at Reid Middle School on Thursday. 

"We are also continuing to explore after-school transportation for the four schools receiving Morningside, and a survey was given to students who attend the Summer Morningside 21st Century Program to assess transportation needs."

That survey found that transportation does not appear to be a big impediment to students participating in the after-school program, but funding is set aside to ensure students are able to access the same services as they were the previous year. 

The district is still planning to offer after-school programming for Morningside transfer students, and is working with the four receiving elementary schools (Allendale, Egremont, Williams, Capeless) to plan a practice bus ride. 

Phillips explained that, for someone who has never ridden a bus before, and especially a school bus, they want to ensure that students are poised for success and understand the rules and expectations before the first ride. Students will be able to get on the bus, ride the route, arrive at school, have a quick break, maybe play on the playground and have a popsicle, then return home on the bus. 

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