Government Grants within the United States Housing Sector
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The HUD offers various programs and grants that are especially designed to impact the way consumers and property developers do business. Some of the most notable programs of the HUD are the Community Development Block Grants (CDBG), the HOME Program, Shelter Plus Care, Emergency Shelter Grants (ESG), Section 8 Moderate Rehabilitation Single Room Occupancy program, and THE Housing Opportunities for Persons with AIDS Program.

HUD also offers grants, just like the Project Rental Assistance Demonstration Program, which specially established to provide project-based rental assistance funding to State housing agencies and identify, stimulate, and support sustaining innovative state approaches that will transform the provision of housing for persons with disabilities while providing access to appropriate support and services.

Meanwhile, the Rural Housing Preservation Grants, seeks to assist very low- and low-income homeowners in repairing and rehabilitating their homes in rural areas, as well as assists rental property owners and cooperative housing complexes in repairing and rehabilitating their units if they agree to make such units available and accessible to low- and very low-income persons.

The Department of Housing and Urban Development is the mother agency in the Executive branch of the United States federal government. Hence it can not fully function and operate state-wide, which is practically the reason why each state has established their own housing agency and authority.

New York has the State of New York Mortgage Agency. California has California Housing Finance Agency, while Washington has Washington State Housing Finance Commission.

All of these agencies offer programs that are tailored to the needs of their residents --- may they be first time homebuyers, renters, or real estate developers.

Government Grants within the United States Housing Sector
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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

California Housing Finance Agency
The California Housing Finance Agency, otherwise known as CalHFA, is an independent, self-supporting agency that was chartered to as the State's affordable housing bank to make low interest rate loans through the sale of tax-exempt bonds; with these bonds being repaid by revenues generated through mortgage loans, instead of taxpayer dollars.


Keystone Home Loan Program For First Time Homebuyers in Pennsylvania
The Pennsylvania Housing Finance Agency, more commonly referred to as PHFA, is an independent agency that was established in the year 1972 in an effort to contribute to the provision of reasonable and affordable housing opportunities the elderly, persons and families of modest means, and people suffering from disabilities.


Construction Incentive Program for First Time Home Buyers in New York
The State of New York cares so much about its people. It looks out for them and constantly ascertains that their best interest is always protected. One of the ways in which the state has manifested this concern is through the establishment of the State of New York Mortgage Agency, more commonly referred to as SONYMA, which is a public authority established in 1970 designed to provide reasonable and affordable home-ownership opportunities to low and moderate income New Yorkers, especially to first time home buyers.


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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