CHFA Homeownership Mortgage for Residents of Public Housing

Connecticut Housing Finance Authority offers Homeownership Mortgage for Residents of Public Housing to home buyers in Connecticut: enough to cover the down payment, as a repayable loan.

Amount: Enough to cover the down payment
Kind of help: Repayable loan
First-time buyers only: No
Homebuyer course: Required

How is CHFA Homeownership Mortgage for Residents of Public Housing paid back?

Repayable loan: a low-interest second mortgage that you pay back.

A repayable loan is a small second mortgage you pay off each month, usually in the same payment as your main home loan.

Who qualifies for CHFA Homeownership Mortgage for Residents of Public Housing?

Only for residents of public housing or those receiving rental assistance.
You don't have to be a first-time buyer.
A homebuyer education course before you buy.

Most limits follow your county and household size. Our HUD income limits lookup shows your area's median income and where your household sits.

How to apply for CHFA Homeownership Mortgage for Residents of Public Housing

Connecticut Housing Finance Authority pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
The lender checks your income, credit and the home against the program's rules and reserves the money for you.
The help is paid at closing, toward your down payment and closing costs.

Read the full rules and whether it is taking applications on Connecticut Housing Finance Authority's page for Homeownership Mortgage for Residents of Public Housing, or pick a lender from the agency's list of participating lenders.

Ask a lender about CHFA Homeownership Mortgage for Residents of Public Housing

Tell us where you're buying and a lender that works with Connecticut's programs can tell you whether CHFA Homeownership Mortgage for Residents of Public Housing fits you, and what you could combine with it.

Call 866-602-7460

Rather not call? Send your details and the lender will reach you.

Other first-time buyer programs in Connecticut

CHFA Down Payment Assistance Program (DAP) Loan: up to 4% of the price or value, at most $15,000, repayable loan.
CHFA Time To Own - Forgivable Down Payment Assistance: up to $25,000, forgivable loan.
CHFA Next Move with Deferred Down Payment Assistance Program: up to 3.5% of the home loan, deferred loan.

All Connecticut first-time home buyer programs · Down payment assistance in every state