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

FirstHome Mortgage Program in North Carolina
One of the programs of the agency is the FirstHome Mortgage Program wherein they seek to offer 30-year fixed interest rate mortgages to first time home buyers in the State of North Carolina.

---

Section 8 Housing Choice Voucher Homeownership Program
The Connecticut Housing Finance Agency has been administering the Section 8 Housing Choice Voucher Homeownership Program wherein they intend to offer home loans at reasonable, below-market rates to Section 8 tenants who wish to purchase a home of their own.

---

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.

---

Rural Community Development Initiative
The Rural Community Development Initiative can be awarded to legally qualified private, public, and tribal groups or organizations that have the experience and capability of providing training and technical assistance to nonprofit community-based housing and community development organizations, as well as low income rural communities.

---