First Time Homebuyer Programs in Montana
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a) The Single Family Program - This program was created in the year 1977 and is designed to assist low and moderate income Montanans in purchasing homes in the State of Montana. Primarily, this program is intended to be utilized by first time home buyers, however, if the borrower intends to purchase homes in targeted areas, he/she does not need to be a first time buyer.

b) Reverse Annuity Mortgage Program - This program enables senior Montana homeowners to more substantially provide for their own in-home support. Lower income seniors 68 years or older have the ability to borrow the equity in their homes and benefit from the additional income.

c) Home Investment Partnerships (HOME) Program - This program is a federal block grant program administered by the BOH but is initially directed by the United States Department of Housing and Urban Development (HUD). It is designed to create affordable housing for low-income households.

The Montana Board of Housing does not only offer programs for first time homebuyers. It has also created programs that are intended for renters and existing homeowners who are looking to rehabilitate their homes.

First Time Homebuyer Programs in Montana
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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

Achieving the Dream Program for First Time Home Buyers in New York
One of the programs of the State of New York Mortgage Agency, is the Achieving the Dream Program wherein it seeks to provide eligible low income first time home buyers with really low down payment mortgage financing programs.

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Urban Rehabilitation Homeownership Program for Homebuyers in Connecticut
The 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.

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First Time Homebuyer Programs in New Hampshire
The 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.

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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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