Connecticut Housing Finance Agency Mortgage Programs for Military, Police and Teachers
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The Military Homeownership Program is a housing loan program that is specially designed for first time homebuyers who are veterans, Active Duty, or National Guard service men of the United States Military.

Policemen Homeownership Program

The Policemen Homeownership Program is a housing loan program that is intended for policemen in an attempt to encourage them to purchase a house in an area where they work. Initially, the program was solely intended for first time homebuyers, but at present, it is now open to non-first time homebuyers who wish to purchase a home in a targeted area. The borrowers who are qualified to participate in this program are municipal and state police officers who are planning to acquire a home in a designated area of a participating town.

Teacher's Mortgage Assistance Program

The Teacher's Mortgage Assistance Program is housing loan program offering home loans at below-market interest rates to first time homebuyers who are public school and vocational-technical teachers. Although this program is primarily for first time homebuyers only, it can make an exception for non-first time homebuyers who wish to purchase a home in a targeted area. The participating towns anc cities under this program are the following: Ansonia, Bridgeport, Danbury, East Hartford, Hartford, Meriden, New Britain, New Haven, New London, Norwalk, Norwich, Stamford, Waterbury, and Windham.

All of the programs above offer a reasonable interest rate at 3.250%** (APR range 3.35 - 3.75%), and a long-term mortgage repayment plan lasting up to 30 years with fixed interest rate.

Connecticut Housing Finance Agency Mortgage Programs for Military, Police and Teachers
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About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Home Buying Programs

Construction Incentive Program for First Time Home Buyers 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.

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Connecticut Housing Finance Agency Mortgage Programs for Military, Police and Teachers
The Connecticut Housing Finance Agency has established the Mortgage Programs for Military, Police and Teachers so as to provide reasonable housing opportunities to veterans and active duty service members of the United States Military, the National Guard, along with teachers and police officers who are assigned in under-served areas.

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Downpayment Assistance Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Authority has been running the Downpayment Assistance Program in order to financially assist first time home buyers in the process of covering the downpayment and closing costs of purchasing a home.

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Department of Housing and Urban Development's Dollar Homes Program
The Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.

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