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

Keystone Government Loan Program for Homebuyers in Pennsylvania
The Pennsylvania Housing Finance Agency has been running the Keystone Government Loan Program in which it intends to provide first mortgage financing on loans that are insured by the Federal Housing Administration, the Rural Development, and the Department of the Veterans' Affairs.

---

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.

---

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.

---

Keystone Home Loan PLUS Program
The Pennsylvania Housing Finance Agency, otherwise termed as PHFA, is an independent agency established in year 1972 in an attempt to assist the provision of reasonable and affordable housing opportunities the elderly, persons and families of modest means, and people suffering from disabilities.

---