SoftSecond

Twenty years ago, a determined group of women of color fought hard to reverse a decades-long pattern of racial discrimination in mortgage lending. These MAHA members successfully negotiated for the SoftSecond loan program, an innovative, affordable mortgage program for low- and moderate-income homebuyers that has changed the lending landscape in Boston and in Massachusetts.

Research on the SoftSecond Mortgage Loan Program

Expanding Homeownership Opportunity - The SoftSecond Loan Program 1991-2006: A report by Jim Campen of the Gaston Institute at UMass/Boston for the Massachusetts Community Banking Council which looks at SoftSecond loan activity and performance statewide.

Boston's SoftSecond Program: A paper by Jim Campen of UMass Boston's Economics Department and Thomas Callahan of MAHA that provides a detailed case study of this "remarkably successful" program in the City of Boston.