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 Homebuyer's Downpayment Assistance Program for First Time Home Buyers
The California Homebuyer's Downpayment Assistance Program is a deferred payment junior loan that can be used in conjunction with other CalHFA housing programs. It provides borrowers with funds amounting to 3% of the actual value of the property that they wish to inquire in order to cover the downpayment costs.

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Connecticut Housing Finance Agency Mortgage Programs for Military, Police and Teachers
The Connecticut Housing Finance Agency has established the Mortgage Programs for Military, Police and Teachers so as to provide reasonable housing opportunities to veterans and active duty service members of the United States Military, the National Guard, along with teachers and police officers who are assigned in under-served areas.

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Frequently Asked Questions about Buying Your First Home
The idea of buying a new home for the first time can be overwhelming for most people. It is probably the largest investment they have ever made, and the process itself seems downright intimidating. ...

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Keystone Home Loan PLUS Program
The Pennsylvania Housing Finance Agency has constituted the estbalishment of the Keystone Home Loan PLUS Program wherein it aims to offer the lowest PHFA interest rate to first time home buyers in the State of Pennsylvania.

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