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

Downpayment Assistance Program for the First Time Home Buyers in North Carolina
In an attempt to contribute to the eradication of this problem, the North Carolina HFA has established the Downpayment Assistance Program for the First Time Home Buyers wherein they provide interest-free, deferred second mortgages up to $8,000 to cover the downpayment and closing costs of a chosen property.

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State of New York Mortgage Agency
The State of New York Mortgage Agency, otherwise referred to as SONYMA, is an agency established in the year 1970 in an attempt to address the shortages of funds within private banking systems that are specifically intended for residential mortgages within the State of New York.

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FirstHome Mortgage Program in North Carolina
One of the programs of the agency is the FirstHome Mortgage Program wherein they seek to offer 30-year fixed interest rate mortgages to first time home buyers in the State of North Carolina.

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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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