Homeownership: Empowering New Buyers

Recognizes programs that best provide homeownership financing to HFA targeted customers.

Judging Criteria

Homeownership entries will be judged on the degree to which they:

  • Are innovative
  • Are replicable
  • Respond to an important state housing need
  • Use data, research, and analysis to demonstrate measurable benefits to HFA targeted customers and underserved markets
  • Have a proven track record of success in the marketplace
  • Provide benefits that outweigh costs
  • Demonstrate effective use of resources
  • Effectively employ partnerships
  • Achieve strategic objectives

If you have questions, please email awards@ncsha.org or call 202-624-7710.

2020 Winner

Delaware State Housing Authority

Maryland Department of Housing and Community Development

2020 Entries

Connecticut Housing Finance Authority:
Mapping Resource Tools

The Connecticut Housing Finance Authority (CHFA) created a Resource Map and the Geographic-Driven Programs Map on its website to educate and communicate current information regarding CHFA homeownership: loan products for first-time and prospective homebuyers, eligibility criteria for mortgage loan financing, and resource information for business partners. CHFA is proud to provide a dynamic new way to meet customer information needs.

Delaware State Housing Authority:
Homes for Grads

In Delaware, at least 65 percent of college graduates will leave school with student loan debt averaging more than $36,000. All too often, those graduates are choosing not to buy a home in the near-term or are considering never buying a home due to the financial challenges caused by significant student loan debt. To address some of the barriers these buyers face, DSHA launched a new initiative in 2019 called Homes for Grads to help recent college graduates purchase a home in Delaware.

Florida Housing Finance Corporation:
Hurricane Michael: From Devastation to A Place to Call Home

When Hurricane Michael made landfall as a Category 5 storm it barreled into Florida’s Panhandle devastating and displacing hundreds of thousands of residents and families. Florida Housing Finance Corporation (Florida Housing) used $5 million in unrestricted funds to create the Hurricane Michael Recovery Loan Program. The program provided below market 30-year, fixed rate first mortgages and up to $15,000 in down payment and closing cost assistance in impacted counties.

Georgia Department of Community Affairs/Georgia Housing and Finance Authority:
Making the Connection to the GA Dream

GHFA’s Housing Counseling Program, through its Making the Connection (MTC) Program, has connected housing counseling services with GHFA’s various affordable housing programs, including Georgia Dream Homeownership Program and Housing Voucher Homeownership Program.

Maryland Department of Housing and Community Development:
Maryland Mortgage Program Product Diversification

The Maryland Department of Housing and Community Development’s Community Development Administration (CDA) has significantly diversified products available through the Maryland Mortgage Program (MMP). By expanding its array of mortgages and down payment assistance, including regional specials and innovative programs like Maryland SmartBuy, the program achieved record-breaking performance, reaching $1 billion in reservations in 2019.

Virginia Housing:
Supporting Our Community Heroes

Our community heroes – law enforcement officers, firefighters, and teachers – deserve to be supported in recognition of the difficult jobs they do every day, especially during the coronavirus pandemic. With the help of the Community Heroes Grant program, these first responders and educators earning between 80 to 120 percent of AMI can receive $8,000 in down payment and closing cost assistance to buy their first home in the communities in which they serve.