First Time Homebuyer Programs in Montana
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a) The Single Family Program - This program was created in the year 1977 and is designed to assist low and moderate income Montanans in purchasing homes in the State of Montana. Primarily, this program is intended to be utilized by first time home buyers, however, if the borrower intends to purchase homes in targeted areas, he/she does not need to be a first time buyer.

b) Reverse Annuity Mortgage Program - This program enables senior Montana homeowners to more substantially provide for their own in-home support. Lower income seniors 68 years or older have the ability to borrow the equity in their homes and benefit from the additional income.

c) Home Investment Partnerships (HOME) Program - This program is a federal block grant program administered by the BOH but is initially directed by the United States Department of Housing and Urban Development (HUD). It is designed to create affordable housing for low-income households.

The Montana Board of Housing does not only offer programs for first time homebuyers. It has also created programs that are intended for renters and existing homeowners who are looking to rehabilitate their homes.

First Time Homebuyer Programs in Montana
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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 environmental grants and grants for youth programs.

Additional Resources

category - Home Buying Programs

Urban Rehabilitation Homeownership Program for Homebuyers in Connecticut
The Connecticut Housing Finance Authority, otherwise known as CHFA, is an independent quasi-public housing agency operating within the State of Connecticut that was established in 1969 in an effort to lessen or alleviate the hurdles regarding the lack or insufficient supply of affordable housing opportunities for Connecticut’s low- and moderate-income families and individuals.

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Alabama Housing Finance Authority
The Alabama Housing Finance Authority, more commonly referred to as AHFA, is a public corporation which was established in the year 1980 under the Act No. 80-585 of the Alabama Legislature.

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First Time Homebuyer Programs in Maine
The first time homebuyer programs of MaineHousing are all especially designed to contribute to the achievement of its primary agency mission which is to "assist Maine people to obtain and maintain decent, safe, affordable housing and services suitable to their unique housing needs."

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Frequently Asked Questions about Buying Your First Home
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