Downpayment Assistance Program for the First Time Home Buyers in North Carolina

by:

The North Carolina Housing Finance Agency is self-supporting public agency of the State of California that is primarily responsible for providing financial assistance in the form of loans to low and moderate income first time home buyers in North Carolina.

The programs and activities of the North Carolina Housing Finance Agency are constantly geared towards the satisfaction of the best interest of its target population, which is why all their endeavors are carefully guided by their overall agency mission which is "to create affordable housing opportunities for North Carolinians whose needs are not met by the market."

The agency has been running programs that assist first time home buyers in the process of purchasing their home. But ultimately, these first time home buyers still find it hard to cover some extra costs, such as downpayments and closing costs.

In an attempt to contribute to the eradication of this problem, the North Carolina HFA has established the Downpayment Assistance Program for the First Time Home Buyers wherein they provide interest-free, deferred second mortgages up to $8,000 to cover the downpayment and closing costs of a chosen property.   (continued...)

Downpayment Assistance Program for the First Time Home Buyers in North Carolina
  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 civic engagement grants and philanthropy giving.




Additional Government Grants Resources


Child Welfare - Early Education Partnerships to Expand Protective Factors for Children with Child Welfare Involvement Program
In accordance with this mission, the Administration for Children and Families has recently established the Child Welfare - Early Education Partnerships to Expand Protective Factors for Children with Child Welfare Involvement Program.


Community Development Financial Institutions
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.


California Homebuyer's Downpayment Assistance Program for First Time Home Buyers
The California Homebuyer's Downpayment Assistance Program is a deferred payment junior loan that can be used in conjunction with other CalHFA housing programs. It provides borrowers with funds amounting to 3% of the actual value of the property that they wish to inquire in order to cover the downpayment costs.


Grants From The National Science Foundation
Since its creation in 1950, the National Science Foundation has been constantly promoting the progress of science by way of advancing national health and prosperity and financially supporting research and development studies in all the non-medical fields of science and engineering.


State Vital Statistics Improvement Program
In keeping with this mission, the Centers for Disease Control and Prevention has established the State Vital Statistics Improvement Program in an attempt to is to enhance the operational efficiencies of the state vital statistics programs and their ability to provide timely, high quality, and comparable data to the National Vital Statistics System (NVSS).


Government Grants Within the United States Food and Nutrition Sector
The issue of food and nutrition is considered as one of the most essential components of a successful community as it makes up most of a person's daily life. The United States understands this, which is why it has created several governmental agencies that are tasked solely to support and consolidate food and nutrition-related concerns.


Developing and Strengthening Services and Systems that Support Family Cohesion and Respond to the Separation of Children in Democratic Republic of Congo
USAID-DRC has established a program entitled Developing and Strengthening Services and Systems that Support Family Cohesion and Respond to the Separation of Children in Democratic Republic of Congo.







Social Entrepreneurship
Spotlight



Recycled Water Bottle Roof for Disaster Housing


Stemming from a Kickstarter campaign, a recycled water bottle roof would provide shelter for disaster victims in light of the recent devastation caused by Typhoon Haiyan in the Philippines.





Not Ready to Buy Yet?

Find Rental Assistance Programs



Need Repairs for a Home You're Buying?

Find Out About Rehabilitation Money Available







More Federal Domestic Assistance Programs


Crime Victim Assistance | Appalachian Research, Technical Assistance, and Demonstration Projects | ARRA Public Health Traineeship Program | Community Services Block Grant | Christopher Columbus Awards |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2022 Copyright Michael Saunders