CHFA Empowers First-Time Home Buyers in Danbury with Informational Seminar
(ROCKY HILL, Conn.) – March 19, 2025 – The Connecticut Housing Finance Authority (CHFA) is hosting a First-Time Homebuyer Seminar at the Danbury Public Library on April 3, 2025, from 6:00 p.m. to 7:30 p.m.
In today’s high-interest-rate environment, the cost of homeownership can seem out of reach for many first-time buyers. Fortunately, CHFA offers affordable mortgage loan options with below-market interest rates, little or no down payment, and closing cost assistance to eligible applicants.
At the seminar, CHFA’s Senior Business Development Officer, Brian Boyaji, will provide an overview of CHFA programs, including the popular Time to Own program, which has helped over 5,000 Connecticut households achieve homeownership since its launch in July 2022.
The Time to Own program offers eligible applicants up to $25,000 in forgivable down payment assistance, helping cover up to 20% of the down payment and 5% of closing costs. CHFA loans, including Time to Own, are available through a network of participating lenders who determine borrower eligibility based on income and other financial requirements.
Representatives from Webster Bank and the Housing Development Fund (HDF) will be available to provide information on mortgage loan options, lines of credit, and homebuyer education and counseling services.
The seminar will be held at the Danbury Public Library located at 170 Main Street in Danbury, CT. Registration is required for the seminar as seats are limited. To register, click on the following link Danbury Seminar. For more information on this event, feel free to contact Isabel Diaz at 860.571.4363 or via email at Isabel.Diaz@chfa.org.
About Connecticut Housing Finance Authority
The Connecticut Housing Finance Authority (CHFA) is a self-funded, quasi-public organization dedicated to alleviating housing shortages for low- and moderate-income families and individuals in Connecticut. By providing innovative financing solutions and fostering partnerships, CHFA strengthens communities and promotes economic development throughout the state.
Media Contact:
Name: Marcus Smith
Tel: 860-716-7400
Email: marcus.smith@chfa.org
