Downpayment Assistance Program for the First Time Home Buyers in North Carolina

by:

The North Carolina Housing Finance Agency is self-supporting public agency of the State of California that is primarily responsible for providing financial assistance in the form of loans to low and moderate income first time home buyers in North Carolina.

The programs and activities of the North Carolina Housing Finance Agency are constantly geared towards the satisfaction of the best interest of its target population, which is why all their endeavors are carefully guided by their overall agency mission which is "to create affordable housing opportunities for North Carolinians whose needs are not met by the market."

The agency has been running programs that assist first time home buyers in the process of purchasing their home. But ultimately, these first time home buyers still find it hard to cover some extra costs, such as downpayments and closing costs.

In an attempt to contribute to the eradication of this problem, the North Carolina HFA has established the Downpayment Assistance Program for the First Time Home Buyers wherein they provide interest-free, deferred second mortgages up to $8,000 to cover the downpayment and closing costs of a chosen property.   (continued...)

Downpayment Assistance Program for the First Time Home Buyers in North Carolina
  Page 2

About The Author

Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.

He also maintains Websites providing resources on civic engagement grants and philanthropy giving.




Additional Government Grants Resources


Rural Health Research Center Program
The Health Resources and Services Administration has recently established the Rural Health Research Center (RHRC) Cooperative Agreement Program in an attempt to substantially improve the amount of high-quality, impartial, policy-relevant research studies.


2012 Hazardous Fuels Woody Biomass Utilization Grant
The United States Forest Service has established the 2012 Hazardous Fuels Woody Biomass Utilization Grant wherein they intend to solicit proposals which are designed to implement wood energy projects requiring engineering services.


Health Care Innovation Challenge
The Centers for Medicare and & Medicaid Services has recently established the Health Care Innovation Challenge in an attempt to solicit proposals to establish interesting new models of service delivery that can potentially deliver the three-part aim of better health, better health care, and finally, lower costs through the improved quality of Medicare, Medicaid, and Children's Health Insurance Program.


Student Loans Available Directly from the Federal Government
There are different variations of a Federal Direct Student Loan available; these are dependent on whether or not the student is eligible for government assistance. Need based programs include the Stafford Loan and the Direct Subsidized Loan; while non-need based programs are the Direct PLUS program, and the Direct Unsubsidized Loan.


Exploratory Grant Award to Promote Workforce Diversity in Basic Cancer Research
The National Institutes of Health has formed a partnership with the National Cancer Institute(NCI) in an effort to establish the program entitled Exploratory Grant Award to Promote Workforce Diversity in Basic Cancer Research.


First Time Homebuyer Programs in New York
The State of New York cares so much about its people. It looks out for them and constantly ascertains that their best interest is always protected. One of the ways in which the state has manifested this concern is through the establishment of the State of New York Mortgage Agency, more commonly referred to as SONYMA, which is a public authority established in 1970 designed to provide reasonable and affordable home-ownership opportunities to low and moderate income New Yorkers, especially to first time home buyers.


Getting Money to Start a New Business
Starting a new business can be an exciting venture -- unfortunately, it can also be quite expensive as well. In order to get the money that you need to get your business off of the ground, you might be...





In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.





Not Ready to Buy Yet?

Find Rental Assistance Programs



Need Repairs for a Home You're Buying?

Find Out About Rehabilitation Money Available







More Federal Domestic Assistance Programs


Recovery Act Transitional Housing | Dutch John Federal Property and Disposition Assistance Act | Snow Survey and Water Supply Forecasting | Residential Substance Abuse Treatment for State Prisoners | Abandoned Infants |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2025 Copyright Michael Saunders