First Time Homebuyer Programs in Delaware
Page 2

a) Community Development Block Grants (CDBG) - This program, exclusively operated in Kent and Sussex Counties only, has the ability to provide funding for a variety of activities (rehabilitation, demolition and Housing Code enforcement) geared towards the maintenance or improvement of existing housing, and for the provision of infrastructure in support of housing development for low- and moderate-income persons.

b) Delaware Emergency Mortgage Assistance Program (DEMAP) - This program is especially designed to assist individuals in the process of avoiding mortgage foreclosure on their primary residence due to a loss of 15% or more their income, which could either be caused by the sudden loss of employment or reduction in hours as a direct result of the recession, or the inability to work or reduction in hours able to work due to an injury or illness.

c) Housing Rehabilitation Loan Program (HRLP) - This loan program offers loans of up to $35,000 at 3% interest rates to low- and moderate-income homeowners and landlords who rent to low-income tenants in order to make necessary State Housing Code repairs or to make modifications to a residence in order to make them accessible to those renters with disabilities.

d) Live Near Your Work (LNYW) - This program is especially tailored to assist employees of participating employers in the process of purchasing a home near the place of their employment.

e) First Time Homebuyers Program - This program is DSHA's leading program for first time homebuyers who have not owned a home in the past three years.

First Time Homebuyer Programs in Delaware
  Back to Page 1

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 civic engagement grants and philanthropy giving.

Additional Resources

category - Home Buying Programs

First Time Homebuyer Programs in Maine
The first time homebuyer programs of MaineHousing are all especially designed to contribute to the achievement of its primary agency mission which is to "assist Maine people to obtain and maintain decent, safe, affordable housing and services suitable to their unique housing needs."

---

Construction Incentive Program for First Time Home Buyers in New York
The State of New York cares so much about its people. It looks out for them and constantly ascertains that their best interest is always protected. One of the ways in which the state has manifested this concern is through the establishment of the State of New York Mortgage Agency, more commonly referred to as SONYMA, which is a public authority established in 1970 designed to provide reasonable and affordable home-ownership opportunities to low and moderate income New Yorkers, especially to first time home buyers.

---

Department of Housing and Urban Development: Continuum of Care Homeless Assistance Programs
The CoC Homeless Assistance programs is designed to reduce the incidence of homelessness in established CoC communities, thereby the need to assist homeless individuals and families during the process of quickly transitioning to self-sufficiency and permanent housing.

---

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.

---