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.
Urban Rehabilitation Homeownership Program for Homebuyers in ConnecticutIn accordance with this mission, the Connecticut Housing Finance Authority has established the Urban Rehabilitation Homeownership Program wherein it intends to home purchase loans at steady, below-market rates together with home improvement loans with no interest, all in an attempt to support homeownership and investment in selected Connecticut neighborhoods.
Rehabilitation Mortgage Insurance ProgramThe Rehabilitation Mortgage Insurance Program intends to financially assist families as they repair or improve, purchase and improve, or refinance and improve their current residential properties that have been existent for more than a year.
Construction Incentive Program for First Time Home Buyers in New YorkUnder the State of New York Mortgage Agency, the Construction Incentive Program has been established. The goal of this program is to enable the construction of one and two family homes through the provision of funds, up to 97% of the value of the property, to eligible low to moderate income first time home buyers.