First Time Homebuyer Programs in District of Columbia
Page 2

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
  Back to Page 1

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

Second Mortgage Loan Program and Mortgage Credit Certificate for Homebuyers in North Carolina
One of the more popular programs is the FirstHome Mortgage Program for First Time Homebuyers which offer significantly low interest rates and a rather low fixed 30-year mortgage plan.

---

Affordable Housing Partnership Program for the First Time Home Buyers in California
The Affordable Housing Partnership Program is a housing opportunity that enables first time home buyers in the State of California to seek financial assistance from lending institutions that have formed a partnership with CalHFA for the purposes of this endeavor.

---

State of New York Mortgage Agency
The State of New York Mortgage Agency, otherwise referred to as SONYMA, is an agency established in the year 1970 in an attempt to address the shortages of funds within private banking systems that are specifically intended for residential mortgages within the State of New York.

---

Construction Incentive Program for First Time Home Buyers in New York
Under the State of New York Mortgage Agency, the Construction Incentive Program has been established. The goal of this program is to enable the construction of one and two family homes through the provision of funds, up to 97% of the value of the property, to eligible low to moderate income first time home buyers.

---