First Time Homebuyer Programs in New Hampshire
Page 2

The authority has established quite a number of programs in an attempt to assist low and moderate-income persons and families in the process of obtaining decent, safe and affordable housing. Among all of these programs, some of the most notable are the following:

a) Single Family Mortgage Program - This program is specially intended for first time homebuyers who are seeking for below-market interest rate loans that are payable for a maximum of 30 years. The program can also be used in conjunction with downpayment assistance programs which are also offered by the authority.

b) Cash Assistance Program - This program is designed to help borrowers secure downpayment and closing costs by allowing them to loan money on top of their primary housing loan.

c) New Production Initiative Program - This initiative is intended to enable developers to build affordable housing that complies with targeting requirements such as those which may be placed on projects by municipalities, thereby helping buyers access newly constructed affordable housing.


First Time Homebuyer Programs in New Hampshire
  Back to Page 1

About The Author The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs. The staff also provides resources to other Websites with information on education grant money and civic engagement grants.

Additional Resources

category - Home Buying Programs

First Time Homebuyer Programs in Delaware
In the year 1968, The Delaware State Housing Authority was created as a public corporation under the Delaware State Department of Housing. The move was inspired by the need to address the concerns of the people in Delaware who seek homebuying-associated assistance.

---

Homebuyer Mortgage Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Authority has been administering the Homebuyer Mortgage Program for First Time Homebuyers. The program is capable of offering home loans and below-market interest rates to first time homebuyers who reside in Connecticut and who are planning to acquire a property that is located in Connecticut.

---

Urban Rehabilitation Homeownership Program for Homebuyers in Connecticut
In 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.

---

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.

---