The Welcome Home Fund is the main community impact project of the Muncey Group and a 100% philanthropic fund. This fund addresses the racial wealth gap by giving $20,000 grants to first-generation homebuyers of color (primarily single mothers from Boston).
During Phase One, five families were selected and each given $20,000 to help make their homeownership dreams a reality. With support from the fund, five of Greater Boston’s families — led by single mothers of color — are now able to change their generational wealth for themselves and their children.
Since 2022, the Muncey Group has been working with the nonprofit Compass Working Capital (which has no relationship to the Compass brokerage!) as its partner for the fund. Compass Working Capital runs a nationally-recognized program that supports families with low income to build assets and financial skills as a pathway out of poverty.
Compass Working Capital selected the families that were the best fit for grants to help them with a down payment on a home and the Muncey Group provided the funds --- no strings attached.
Now, the Muncey Group is going to be helping five more families with grants for down payments over the next year! JOIN US BY DONATING TO THE WELCOME HOME FUND
Most people get a little help along their path to buying their first home. Let’s pay it forward and help those who will be first-generation homeowners realize their dream.
Read more about the Impact of the Welcome Home Fund!
2023 Impact and Evaluation Report Mass Live Story Brockton Enterprise Story
Helping All Families Unlock the Doors to Homeownership and Asset Building