First Time Homebuyer Programs in District of Columbia
by:
Iola BonggayThe Department of Housing and Community Development, more commonly referred to as DHCD, is a local government agency in the District of Columbia that is primarily responsible for increasing quality housing and community development opportunities.
The DHCH operates with the mission of creating and preserving opportunities for affordable housing and economic development, as well as revitalizing underserved communities in the District of Columbia.
The DHCD offers quite an array of programs that are specially designed to assist homebuyers in procuring a safe and affordable homes for their families. The agency's most notable programs are the following:
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First Time Homebuyer Programs in District of Columbia
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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.
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Additional Resources
category - Home Buying Programs
Second Mortgage Loan Program and Mortgage Credit Certificate for Homebuyers in North CarolinaOne of the more popular programs is the FirstHome Mortgage Program for First Time Homebuyers which offer significantly low interest rates and a rather low fixed 30-year mortgage plan.
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.
Department of Housing and Urban Development's Dollar Homes ProgramThe 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.
Downpayment Assistance Program for the First Time Home Buyers in North Carolina 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.