Grants From the Department of Housing and Urban Development

by: TopGovernmentGrants Editorial Staff

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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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 environmental grants and grants for youth programs.

Additional Resources

category - Home Buying Programs

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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Government Grants within the United States Housing Sector
The government has established quite a slew of agencies that are specifically designed to administer housing programs and assist the needs of homebuyers, renters, and property developers.

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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.

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First Time Homebuyer Programs in Connecticut
The Connecticut Housing Finance Authority, otherwise known as CHFA, is a self-supporting quasi-public housing agency operating within the State of Connecticut. The agency was established in the year 1969 in an effort to address the concerns regarding the lack or insufficient supply of affordable housing opportunities for Connecticut’s low- and moderate-income families and individuals.

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