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

First Time Homebuyer Programs in California
The programs of CalHFA are constantly guided by its overall agency mission which is to "finance below market rate loans to create safe, decent and affordable rental housing and to assist first-time homebuyers in achieving the dream of homeownership."

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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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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.

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Urban Rehabilitation Homeownership Program for Homebuyers in Connecticut
In accordance with this mission, the Connecticut Housing Finance Authority has established the Urban Rehabilitation Homeownership Program wherein it intends to home purchase loans at steady, below-market rates together with home improvement loans with no interest, all in an attempt to support homeownership and investment in selected Connecticut neighborhoods.

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