First Time Homebuyer Programs in Connecticut
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In order to be deemed eligible to submit an application under the program, a borrower must satisfy the following eligibility requirements:

1) First time homebuyers tenants who meet the minimum credit, income, and employment criteria

2) Tenants who are presently receiving assistance under the Section 8 Rental Assistance Program, the Department of Developmental Services or the State Moderate Rental Program

3) Tenants residing in properties managed by the CHFA or a municipal housing authority

4) Tenants residing in CHFA-financed rental properties

5) Tenants residing in HUD-subsidized housing

In addition, the types of properties that covered under the Homeownership Program are limited to the following:

1) Existing and new single-family homes, townhouses and Planned Unit Developments

2) Newly built homes that meet the energy efficiency standards that are set by the Federal Housing Authority

3) Condominiums that are approved by the CHFA

4) Two- to four-family homes which have been utilized as residences for the past five years or newly constructed two-family homes that is located in a Targeted Area

5) Selected mobile homes that meet the criteria of the CHFA.

If you are an interested borrower and you wish to find out more about this progra, you can visit CHFA's official website at www.chfa.org.

First Time Homebuyer Programs in Connecticut
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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.

Additional Resources

category - Home Buying Programs

California Housing Finance Agency
The California Housing Finance Agency, otherwise known as CalHFA, is an independent, self-supporting agency that was chartered to as the State's affordable housing bank to make low interest rate loans through the sale of tax-exempt bonds; with these bonds being repaid by revenues generated through mortgage loans, instead of taxpayer dollars.

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First Time Homebuyer Programs in Maine
The first time homebuyer programs of MaineHousing are all especially designed to contribute to the achievement of its primary agency mission which is to "assist Maine people to obtain and maintain decent, safe, affordable housing and services suitable to their unique housing needs."

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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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First Time Homebuyer Programs in Arkansas
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.

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