Buying a Home with Low Income in Connecticut

Connecticut’s First-Time Buyer Assistance Programs!

1. Connecticut Housing Finance Authority (CHFA) Initiatives!

Connecticut Housing Finance Authority spearheads various programs catering to low-income first-time homebuyers. From below-market interest rates to tailored mortgages for families meeting income criteria, CHFA provides a gateway to affordable homeownership.

2. Housing Development Fund (HDF): Bridging Dreams to Reality!

Homebuyer education, down payment assistance and affordable homes are just a few programs that HDF offers first time homebuyers in CT. These programs are available to all Connecticut residents.

  • Live Where You Work: Providing zero-interest down payment assistance up to $20,000, this program encourages buying homes in the same city where one works.
  • Project Reinvest Homeownership: Offering up to $10,500 in down payment assistance for buyers in Connecticut and New York.
  • Smart Move CT: Extending low-interest down payment assistance, Smart Move CT supports buyers with up to 20% of the home’s purchase price.
  • Statewide Downpayment Assistance Programs: Allocating up to $25,000 in down payment assistance, these initiatives cater to the needs of first-time homebuyers.

3. Local Municipalities Contributing to the Dream!

Several cities in Connecticut go the extra mile to assist first-time homebuyers.

Navigating the Path to Affordable Homeownership in Connecticut!

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