The Organization must meet the following guidelines to be eligible for funding:
* Must have a non-profit tax-exempt classification under section 501 (c) of the Internal Revenue Code
* Must be located in and/or provide services in Massachusetts
* Must address education and/or support development of affordable housing.
* Must be fiscally sound and demonstrate strong administrative skills
* Must be endorsed by a member of the Massachusetts Mortgage
Bankers Association.
If the organization is awarded a grant by the Foundation, the organization will be required to file a both an interim and final report on how the funds were used
Applications for Grants will be accepted from January 1st until September 30th and will be awarded at the MMBA Annual Dinner in January
Besides the MMB Foundation grant application, please also provide us with the following documentation: