Grants From the Department of Housing and Urban Development

by: TopGovernmentGrants Editorial Staff

The United States Government gives great importance to the development of strong and sustainable communities that are of very high quality, which will could be safely inhabited by the American people.

Over the years, the government has been successfully running regulatory programs, grants, and mortgages that are designed to aid the American people in procuring a house of that they can so willingly call their at own at a very reasonable cost.

It is very much essential for potential home-buyers to know that the government has constituted an independent agency that is specially intended for the purpose of assisting the American people in getting access to safe and affordable housing.

The Department of Housing and Urban Development, also known as HUD, is Cabinet department in the Executive branch of the United States government.

The Department of Housing and Urban Development was established in 1965 in an effort to create durable, sustainable, inclusive communities and quality affordable homes for all.

In addition, the HUD also makes it its mission to strengthen the country's housing market by bolstering the economy and protecting actual and potential consumers by meeting the need for quality affordable homes, making use of housing as a platform for improving one's quality of life, and finally, building inclusive and sustainable communities that are free from discrimination.

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Grants From the Department of Housing and Urban Development
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About The Author The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs. The staff also provides resources to other Websites with information on environmental grants and grants for youth programs.

Additional Resources

category - Home Buying Programs

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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Construction Incentive Program for First Time Home Buyers in New York
Under the State of New York Mortgage Agency, the Construction Incentive Program has been established. The goal of this program is to enable the construction of one and two family homes through the provision of funds, up to 97% of the value of the property, to eligible low to moderate income first time home buyers.

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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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First Time Homebuyer Programs in Virginia
In 1972, the Commonwealth of Virginia has constituted the establishment of the Virginia Housing Development Authority in an effort to respond to the needs of Virginians who seek quality, affordable housing.

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