First Time Homebuyer Programs in District of Columbia
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a) The Employer Assisted Housing Program (EAHP) - This program is especially created for government employees of the District of Columbia who are seeking to purchase homes for the first times. Under this program, the borrower may be eligible apply for matching down payment funds up to $1,500 and a deferred loan of up to $10,000.

b) Negotiated Employee Affordable Home Purchase Program (NEAHP) - This program provides down payment and closing cost assistance to certain government employees of the District of Columbia whose positions are covered by specific collective bargaining agreements. The amount of assistance that may be given under this program can range from $3,000 and $26,500, depending on the employee's years of service.

c) Home Purchase Rehabilitation Pilot Program - This program is specially designed to assist first-time homebuyers in the District to purchase homes that require limited repairs to address health, safety and building code violations.

d) The Home Purchase Assistance Program - This program is DHCD's leading program for first-time homebuyers. It is designed to provide interest-free loans and closing cost assistance to qualified applicants, thereby providing them with the opportunity to purchase houses, condominiums, or cooperative units.

First Time Homebuyer Programs in District of Columbia
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About The Author 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.

Additional Resources

category - Home Buying Programs

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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Rehabilitation Mortgage Insurance Program
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.

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Down Payment Assistance Loan for First Time Home Buyers in New York
In line with this, The State of New York Mortgage Agency has been running the Down Payment Assistance Loan Program (DPAL) wherein it intends to help first time home buyers overcome the setbacks brought about by down payments and closing costs.

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First Time Homebuyer Programs in Arkansas
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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