First Time Homebuyer Programs in Arkansas
by:
Michael SaundersEvery good and efficient state government requires an able and separate office or authority that is especially designed to assist residents in acquiring homes and properties in reasonable rates and efficient mortgage payment plans.
In Arkansas, this agency is the Arkansas Development Finance Authority, otherwise referred to as the ADFA, which was established through the Arkansas Development Finance Authority Act.
The Arkansas Development Finance Authority was primarily created to develop safe, decent and affordable housing for low and moderate income Arkansans. The authority's primary goal is to administer funding in the form of tax exempt bonds and other debt instruments through several programs which are divided into three main categories: Economic Development, Homeownership, and Affordable Rental Housing.
Some of the most notable first time homebuyer programs of the ADFA are the following:
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First Time Homebuyer Programs in Arkansas
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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
environmental grants and grants for youth programs.
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Additional Resources
category - Home Buying Programs
Urban Rehabilitation Homeownership Program for Homebuyers in ConnecticutThe Connecticut Housing Finance Authority, otherwise known as CHFA, is an independent quasi-public housing agency operating within the State of Connecticut that was established in 1969 in an effort to lessen or alleviate the hurdles regarding the lack or insufficient supply of affordable housing opportunities for Connecticut’s low- and moderate-income families and individuals.
Construction Incentive Program for First Time Home Buyers in New YorkThe 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.
First Time Homebuyer Programs in New HampshireThe State of New Hampshire gives great importance to the welfare and safety of its people. One of the ways of showing this is through the establishment of the New Hampshire Housing Finance Authority, which is specially designed to assist low to moderate income residents of New Hampshire in the process of procuring safe and affordable housing opportunities.
Alabama Housing Finance AuthorityThe Alabama Housing Finance Authority, more commonly referred to as AHFA, is a public corporation which was established in the year 1980 under the Act No. 80-585 of the Alabama Legislature.