First Time Homebuyer Programs in Delaware

by: Michael Saunders

In the year 1968, The Delaware State Housing Authority was created as a public corporation under the Delaware State Department of Housing. The move was inspired by the need to address the concerns of the people in Delaware who seek homebuying-associated assistance.

The programs of the authority are all inspired by its general mission which is to "efficiently provide, and assist others to provide, quality, affordable housing opportunities and appropriate supportive services to responsible low- and moderate-income Delawareans."

Since its creation in 1968, The Delaware State Housing Authority, otherwise referred to as DSHA, has already turned its $100,000 start-up fund into more than $500 million.

At present, the authority has operates by making loans and grants to both for-profit and non-profit housing sponsors; making loans to mortgage lenders and requiring that they use the proceeds to make new residential mortgage loans; applying for and receiving subsidies from the federal government and other sources; and finally, issuing its own bonds and notes.

Among all of the first time homebuyer programs offered by the DSHA, some of the most notable are the following:

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First Time Homebuyer Programs in Delaware
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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 civic engagement grants and philanthropy giving.

Additional Resources

category - Home Buying Programs

First Time Homebuyer Programs in New Hampshire
The 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.

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Downpayment Assistance Program for the First Time Home Buyers in North Carolina
The programs and activities of the North Carolina Housing Finance Agency are constantly geared towards the satisfaction of the best interest of its target population, which is why all their endeavors are carefully guided by their overall agency mission which is "to create affordable housing opportunities for North Carolinians whose needs are not met by the market."

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Grants From the Department of Housing and Urban Development
Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.

She also maintains Websites providing resources on environmental grants and grants for youth programs.

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How to Get a Government Home Loan with Low or Moderate Income
The government provides loans to those individuals who have low to moderate income for permanent residence in rural areas. To qualify for these government loans is not that hard and the restrictions ...

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