Construction Incentive Program for First Time Home Buyers in New York
by:
Michael SaundersThe State of New York cares so much about its people. It looks out for them and constantly ascertains that their best interest is always protected. One of the ways in which the state has manifested this concern is through the establishment of the State of New York Mortgage Agency, more commonly referred to as SONYMA, which is a public authority established in 1970 designed to provide reasonable and affordable home-ownership opportunities to low and moderate income New Yorkers, especially to first time home buyers.
SONYMA has been tremendously successful in running mortgage programs as well as mortgage credit certificates that have certainly benefited and assisted first time home buyers in the process of purchasing a house in the State of New York.
Under the State of New York Mortgage Agency, the Construction Incentive Program has been established. The goal of this program is to enable the construction of one and two family homes through the provision of funds, up to 97% of the value of the property, to eligible low to moderate income first time home buyers.
(continued...)
Construction Incentive Program for First Time Home Buyers in New York
Page 2
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 grants for youth programs and home improvement grants.
|
Additional Government Grants Resources
Minority Business Enterprise Centers for Minority-Owned BusinessesThe The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.
Money Follows the Person Rebalancing Grant Demonstration ProgramThe Centers for Medicare & Medicaid Services has recently established the Money Follows the Person Rebalancing Grant Demonstration Program wherein they aim to assist the states to balance their long-term care systems and help Medicaid enrollees transition from institutions to communities.
All Children Reading Competition ProgramThe USAID and AusAID has constituted the development of the All Children Reading Competition Program, wherein they seek to discover life-changing innovations that will potentially improve the reading skills and low literacy levels among primary grade children.
Exploratory Grant Award to Promote Workforce Diversity in Basic Cancer ResearchThe National Institutes of Health has formed a partnership with the National Cancer Institute(NCI) in an effort to establish the program entitled Exploratory Grant Award to Promote Workforce Diversity in Basic Cancer Research.
First Time Homebuyer Programs in GeorgiaThe state of Georgia offers a variety of programs to assist first time home buyers. The programs are offered primarily through the Georgia Department of Community Affairs.
Rural Policy Analysis ProgramThe Health Resources and Services Administration has recently established the Rural Policy Analysis Program, wherein it intends to solicit applications that support the research and analysis of respective policy affecting rural communities, so as to inform policy makers.
Small Business Grants - Support for VeteransThe SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.