Homeownership Program for First Time Homebuyers in Connecticut
by:
Michael SaundersThe Connecticut Housing Finance Authority, otherwise known as CHFA, is a self-supporting quasi-public housing agency operating within the State of Connecticut. The agency was established in the year 1969 in an effort to address the concerns regarding the lack or insufficient supply of affordable housing opportunities for Connecticut’s low- and moderate-income families and individuals.
The programs of the CHFA are aimed at the constant realization of its mission which is to "help alleviate the shortage of affordable housing for low- and moderate-income families and persons in Connecticut, and when appropriate, to promote or maintain the economic development of the State through employer-assisted housing efforts."
In line with this mission, the Connecticut Housing Finance Agency has established the Homeownership Program wherein it intends to provide reasonable home loans with below-market interest rates to tenants occupying publicly assisted housing who wish to transition from renting into homeownership.
The initial target market of the program are tenants who have not yet owned a home before, but in most instances, the agency will make an exception for tenants who have previously owned a home before but want to acquire a new home in a targeted area.
(continued...)
Homeownership Program for First Time Homebuyers in Connecticut
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 grants for youth programs and home improvement grants.
|
Additional Government Grants Resources
Grants From The Department of CommerceIn this article, you will discover the services offered by the Department of Commerce as well the different programs that could potentially help you in which ever way possible.
National Science Foundation's Smart Health and Wellbeing ProgramThe National Science Foundation has constituted the development of the Smart Health and Wellbeing (SHB) Program wherein they intend to address scientific and technical issues that would pave the way towards the transformation of the healthcare process from being rather reactive and hospital centered into becoming preventive, proactive, evidence-based, patient-centered and focused on the wellbeing of the person rather than his/her disease.
Justice and Mental Health Collaboration Training and Technical Assistance ProgramThe Office of Justice Programs has recently established the Justice and Mental Health Collaboration Training and Technical Assistance Program (JMHCP), wherein it seeks to increase public safety by encouraging collaboration between criminal justice, juvenile justice, and mental health and substance abuse treatment systems.
National Science Foundation announces the Cyberlearning: Transforming Education ProgramThe Cyberlearning: Transforming Education is a program wherein the NSF will provide funding for research proposals that aim to explore opportunities associated with the promotion and assessment of learning techniques through the help of new technologies, taking advantage of the application of those technologies, and the utilization of those technologies in the process of promoting deep and lasting learning of content, practices, skills, attitudes, and dispositions that are essential in becoming an engaged and productive citizen.
Museum Grants for African American History and Culture ProgramThe Institute of Museum and Library Services has established a funding opportunity to support the Museum Grants for African American History and Culture Program wherein they intend to provide the African American museum staff with added knowledge and ability in all the areas of management, operations, programming, collections care, and other museum skills.
Government Grants Within The United States Humanities SectorThe field of humanities employs methods that are primarily analytical, critical, or speculative, as differentiated from the mainly empirical approaches of the natural sciences.
FirstHome Mortgage Program in North CarolinaOne of the programs of the agency is the FirstHome Mortgage Program wherein they seek to offer 30-year fixed interest rate mortgages to first time home buyers in the State of North Carolina.