Grants From the Department of Housing and Urban Development
Page 2

The programs that are offered by the HUD are divided into the following major categories:

1) The Office of Community Planning and Development - The programs under this office seek to create and develop viable communities by way of encouraging integrated approaches tat provide decent housing opportunities, suitable living environments, and more importantly, expanding economic opportunities for low and moderate income persons.

2) Federal Housing Administration (FHA) - The goal of the FHA is to provide mortgage insurance on loans that are made by FHA-approved third-party lenders through the United States and its territories. In addition, the FHA also intends to insure mortgages on single family and multifamily homes.

3) Office of Public and Indian Housing - The programs constituted under the Office of Public and Indian Housing is geared towards ensuring the development of safe, decent and affordable housing, the creation of opportunities for residents' economic independence, and finally, the assurance of the fiscal integrity of the all of the people who participated in the program.

4) Office of Sustainable Housing Communities - The programs under the Office of Sustainable Housing Communities are geared towards the creation of strong, sustainable communities by way of connecting housing opportunities to jobs, fostering local innovation and helping people build a clean energy economy.

The HUD offers a wide selection of programs and grants that are all geared towards the benefit of the American people. To read more about such programs, you can visit http://portal.hud.gov/portal/page/portal/HUD.

Grants From the Department of Housing and Urban Development
  Back to Page 1

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

Government Grants within the United States Housing Sector
The government has established quite a slew of agencies that are specifically designed to administer housing programs and assist the needs of homebuyers, renters, and property developers.

---

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.

---

Homebuyer Mortgage Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Authority has been administering the Homebuyer Mortgage Program for First Time Homebuyers. The program is capable of offering home loans and below-market interest rates to first time homebuyers who reside in Connecticut and who are planning to acquire a property that is located in Connecticut.

---

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. ...

---