Grants From the Department of Housing and Urban Development

by:

The United States Government gives great importance to the development of strong and sustainable communities that are of very high quality, which will could be safely inhabited by the American people.

Over the years, the government has been successfully running regulatory programs, grants, and mortgages that are designed to aid the American people in procuring a house of that they can so willingly call their at own at a very reasonable cost.

It is very much essential for potential home-buyers to know that the government has constituted an independent agency that is specially intended for the purpose of assisting the American people in getting access to safe and affordable housing.

The Department of Housing and Urban Development, also known as HUD, is Cabinet department in the Executive branch of the United States government.

The Department of Housing and Urban Development was established in 1965 in an effort to create durable, sustainable, inclusive communities and quality affordable homes for all.

In addition, the HUD also makes it its mission to strengthen the country's housing market by bolstering the economy and protecting actual and potential consumers by meeting the need for quality affordable homes, making use of housing as a platform for improving one's quality of life, and finally, building inclusive and sustainable communities that are free from discrimination.

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Grants From the Department of Housing and Urban Development
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category - Home Buying Programs

California Housing Finance Agency
The California Housing Finance Agency, otherwise known as CalHFA, is an independent, self-supporting agency that was chartered to as the State's affordable housing bank to make low interest rate loans through the sale of tax-exempt bonds; with these bonds being repaid by revenues generated through mortgage loans, instead of taxpayer dollars.


Homeownership Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Agency has established the Homeownership Program wherein it intends to provide reasonable home loans with below-market interest rates to tenants occupying publicly assisted housing who wish to transition from renting into homeownership.


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.


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.






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Edited by: Michael Saunders

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