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  2. Good Neighbor Next Door program: What it is and how to apply

    www.aol.com/finance/good-neighbor-next-door...

    Eligible homebuyers in these professions can purchase a qualifying HUD home for 50 percent off the list price – as long as they agree to live in the home for three years and meet a few other ...

  3. California Housing Finance Agency - Wikipedia

    en.wikipedia.org/wiki/California_Housing_Finance...

    CalHFA provides housing assistance in two main areas: below-market interest rate mortgages and down payment assistance for low and moderate income, first-time homebuyers, many of whom are ethnic minorities not well-served by market rate products and loans for the development and preservation of affordable multifamily rental housing.

  4. Down payment assistance: How it works and how to get it - AOL

    www.aol.com/finance/mortgage-down-payment...

    HUD: Check the U.S. Department of Housing and Urban Development’s (HUD) website for local homebuying programs by state. Your lender: Your loan officer can help point you to an assistance program.

  5. Workforce housing - Wikipedia

    en.wikipedia.org/wiki/Workforce_housing

    The term "workforce" is meant to connote those who are gainfully employed, a group of people who are not typically understood to be the target of affordable housing programs. Workforce housing, then, implies an altered or expanded understanding of affordable housing. Workforce housing is commonly targeted at "essential workers" in a community i ...

  6. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    Home purchase or rehabilitation financing assistance – In this type of activity, the HOME program may provide a down payment for the purchase of a housing unit to a financial institution, thereby reducing the monthly mortgage payment of the loan balance for a low-income family that otherwise could not afford the monthly payment. The down ...

  7. How to buy a house with low income - AOL

    www.aol.com/finance/buy-house-low-income...

    The program, administered by the U.S. Department of Housing and Urban Development (HUD), allows borrowers to buy a home for 50 percent off list price in exchange for living in the property for at ...

  8. United States Department of Housing and Urban Development

    en.wikipedia.org/wiki/United_States_Department...

    The idea of a department of Urban Affairs was proposed in a 1957 report to President Dwight D. Eisenhower, led by New York governor Nelson A. Rockefeller. [3] The idea of a department of Housing and Urban Affairs was taken up by President John F. Kennedy, with Pennsylvania Senator and Kennedy ally Joseph S. Clark Jr. listing it as one of the top seven legislative priorities for the ...

  9. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...