California Housing Finance Agency
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a) First Mortgage Loan Program - This type of first time homebuyer loan program could easily be one of the agency's most popular program as it caters to first time homebuyers who are seeking for a 30-year loan term and an interest rate that remains fixed throughout the entire 30 years.

b) CalHFA Targeted Areas Loan Program - This program is very much similar to the First Mortgage Loan Program in the manner that both programs offer homeownership opportunities in the form of a 30-year, fixed loan rate. They only differ in the sense that the CalHFA Targeted Areas Loan Program is only available in Federally Designated Targeted Areas only.

c) California Homebuyer's Downpayment Assistance Program (CHDAP) - This program can be used in conjunction with any other first time homebuyer program as it provides homebuyers with the opportunity to procure a deferred-payment subordinate loan in the amount of 3% of the purchase price or appraised value of their desired property.

d) School Facility Fee Down Payment Assistance Program (SFF) - This program is especially designed to provides assistance for down payment and/or closing costs to buyers of newly constructed homes throughout California and if the conditions of the program are met, the buyer might not have to repay the funds that have been administered under the program..

e) Section 8 Housing Choice Voucher Program - This program is funded by the United States Department of Housing and Urban Development. It enables qualified first time homebuyers to receive monthly assistance for homeownership expenses in lieu of monthly rent aid.

California Housing Finance Agency
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About The Author Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. He also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Government Grants Resources

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The National Institutes of Health has collaborated with the National Cancer Institute(NCI) in order to establish Early-Stage Innovative Technology Development for Cancer Research Program, wherein both agencies intend to solicit grant applications expressing intents to conduct funded exploratory research projects that concentrate on the inception and development unique, innovative technological advances that could potentially be utilized in the study of cancer.

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The National Institutes of Health has partnered with the U.S. Food and Drug Administration (FDA) and the Center for Veterinary Medicine(CVM) in an effort to establish the Minor Use Minor Species Development of Drugs: Research Project Grant.

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The Federal Bureau of Prisons has recently constituted the development of the Jail Resource Management: Review and Revision Program wherein it intends to solicit applications for the revision of its existing Jail Resource Management Training Program.

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