First Time Homebuyer Programs in Arkansas
by:
Michael SaundersEvery good and efficient state government requires an able and separate office or authority that is especially designed to assist residents in acquiring homes and properties in reasonable rates and efficient mortgage payment plans.
In Arkansas, this agency is the Arkansas Development Finance Authority, otherwise referred to as the ADFA, which was established through the Arkansas Development Finance Authority Act.
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.
Some of the most notable first time homebuyer programs of the ADFA are the following:
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First Time Homebuyer Programs in Arkansas
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About The Author
Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.
He also maintains Websites providing resources on
environmental grants and grants for youth programs.
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Additional Resources
category - Home Buying Programs
Keystone Home Loan PLUS ProgramThe Pennsylvania Housing Finance Agency, otherwise termed as PHFA, is an independent agency established in year 1972 in an attempt to assist the provision of reasonable and affordable housing opportunities the elderly, persons and families of modest means, and people suffering from disabilities.
First Time Homebuyer Programs in New HampshireThe State of New Hampshire gives great importance to the welfare and safety of its people. One of the ways of showing this is through the establishment of the New Hampshire Housing Finance Authority, which is specially designed to assist low to moderate income residents of New Hampshire in the process of procuring safe and affordable housing opportunities.
California Homebuyer's Downpayment Assistance Program for First Time Home BuyersThe California Homebuyer's Downpayment Assistance Program is a deferred payment junior loan that can be used in conjunction with other CalHFA housing programs. It provides borrowers with funds amounting to 3% of the actual value of the property that they wish to inquire in order to cover the downpayment costs.
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.