The LWYW program is a home mortgage incentive program that provides low-interest mortgage loans to homebuyers purchasing homes in towns where they are employed. The goal of LWYW is to build stronger communities by promoting homeownership and encouraging people to live closer to their jobs. This, in turn, will reduce the need for cars and increase the use of alternative transportation such as walking, biking and public transit.
If you would like to buy a house in the town where you currently work, then LWYW might be right for you. Employees benefit from attractive mortgage rates, more flexible loan application review and underwriting criteria, and reduced commuting times to work. Municipalities benefit from having a committed workforce living nearby, and the activity and economic vibrancy that comes with people living near where they work.
Eligible Properties Must:
- Be located in a municipality that is currently participating in the LWYW program.
Municipalities Currently Participating in the LWYW Program include:
- Be located in the same town as the buyer's employer
- Meet the purchase price limits. Click here for more information.
Eligible Homebuyers Must:
- Meet the income guidelines of LWYW program. Click here for more information.
- Homebuyers do not have to be first time homebuyers.
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Expanded maximum income limit and purchase price limits.
Click here for more information.
To find out if a home is in an Urban Target Area, go to the Urban Area Street Directory (172k pdf), scroll down to the city you wish to buy in, and search for the street where your potential new house is located.
