Government Grants within the United States Housing Sector
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The HUD offers various programs and grants that are especially designed to impact the way consumers and property developers do business. Some of the most notable programs of the HUD are the Community Development Block Grants (CDBG), the HOME Program, Shelter Plus Care, Emergency Shelter Grants (ESG), Section 8 Moderate Rehabilitation Single Room Occupancy program, and THE Housing Opportunities for Persons with AIDS Program.

HUD also offers grants, just like the Project Rental Assistance Demonstration Program, which specially established to provide project-based rental assistance funding to State housing agencies and identify, stimulate, and support sustaining innovative state approaches that will transform the provision of housing for persons with disabilities while providing access to appropriate support and services.

Meanwhile, the Rural Housing Preservation Grants, seeks to assist very low- and low-income homeowners in repairing and rehabilitating their homes in rural areas, as well as assists rental property owners and cooperative housing complexes in repairing and rehabilitating their units if they agree to make such units available and accessible to low- and very low-income persons.

The Department of Housing and Urban Development is the mother agency in the Executive branch of the United States federal government. Hence it can not fully function and operate state-wide, which is practically the reason why each state has established their own housing agency and authority.

New York has the State of New York Mortgage Agency. California has California Housing Finance Agency, while Washington has Washington State Housing Finance Commission.

All of these agencies offer programs that are tailored to the needs of their residents --- may they be first time homebuyers, renters, or real estate developers.

Government Grants within the United States Housing Sector
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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.

Additional Resources

category - Home Buying Programs

Construction Incentive Program for First Time Home Buyers in New York
Under 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.

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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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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.

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State of New York Mortgage Agency
The State of New York Mortgage Agency, otherwise referred to as SONYMA, is an agency established in the year 1970 in an attempt to address the shortages of funds within private banking systems that are specifically intended for residential mortgages within the State of New York.

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