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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Additional Resources



category - Home Buying Programs

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The 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.


Department of Housing and Urban Development's Dollar Homes Program
The Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.


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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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The Arkansas Development Finance Authority was primarily created to develop safe, decent and affordable housing for low and moderate income Arkansans. The authority's primary goal is to administer funding in the form of tax exempt bonds and other debt instruments through several programs which are divided into three main categories: Economic Development, Homeownership, and Affordable Rental Housing.






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Edited by: Michael Saunders

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