Resources
MassHousing | REACH – Addressing the Racial Homeownership Gap
MassHousing and the Racial Equity Advisory Council for Homeownership (REACH) successfully advocated for and secured $60 million in funds for a new homeownership production program to narrow the racial homeownership gap and also increase funds by $2.5 million for down payment assistance.
Virginia Housing | Affordable Alternative – Advancing the Next Generation of Manufactured Housing
Virginia Housing’s efforts to promote innovative construction techniques through factory-built housing has better informed local planners, officials, and the public about how the manufactured housing industry has advanced its construction methods and products. We see our role as being able to facilitate new ideas, new products and new concepts by showcasing new affordable home options across Virginia.
MassHousing | CommonWealth Builder Program
MassHousing’s new CommonWealth Builder Program provides market-based subsidies to support the construction of new workforce homeownership opportunities and fund homeownership developments in the state’s 26 Gateway Cities, the City of Boston, and Qualified Census Tracts throughout the state.
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.
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.
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.
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.
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.
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.
