Stockton Williams Interviewed, HFA Programs Featured in “The Down Payment Report”
The July edition of Down Payment Report, the monthly newsletter published by online home-buying assistance aggregator Down Payment Resource, includes an interview with NCSHA Executive Director Stockton Williams and an article examining how HFAs are meeting the demand for down payment assistance in their states.
In the interview, Williams discusses the various ways HFAs utilize down payment assistance to assist first-time homebuyers and highlights several specific HFA down payment programs that have effectively addressed the needs of their states’ markets. The interview also touches on the shortage of affordable single-family homes in the market and NCSHA’s efforts to secure funding for HOME and other federal housing programs.
A separate article reports that state HFA loan production has increased substantially in several states over the last year due to increased demand for down payment assistance. HFAs featured in this article include the California Housing Finance Agency, North Dakota Housing Finance Agency, Rhode Island Housing, and Tennessee Housing Development Agency.