Chenoa Fund™ is a national down payment assistance program administered by CBC Mortgage Agency, a federally chartered governmental entity. CBC Mortgage Agency specializes in providing down payment assistance financing under FHA and FNMA conventional guidelines.
Chenoa Fund is a down payment assistance program to help creditworthy, low and moderate-income families. Benefits this program provides are the following: Receive a second mortgage to cover their 3.5% minimum down payment requirement when purchasing an FHA-insured home; 5% down payment assistance.
The City of Cranston Department of Community Development offers a closing cost assistance program for income-eligible, first-time buyers who are purchasing property in the City of Cranston. The maximum assistance is $3000 in the form of a grant that is forgiven at the end of the 5 year term (if all terms are met). The buyer must sign an agreement to live in the property as their primary residence for 5 years after closing date.
The City of Cranston Department of Community Development offers a down payment assistance program for income-eligible, first-time buyers who are purchasing property in the City of Cranston. The amount is 50% of the down payment up to $5,000 and must be matched by the buyer. The buyer must sign an agreement to live in the property as their primary residence for 5 years after closing date. If all terms are met at the end of 5 years the lien is forgiven and discharged.
Down payment / closing cost assistance of $2500-$20,000 as a no interest, forgiveable loan for households in the City of Providence with incomes at or below 80% of Area Median Income (AMI).
The City of Woonsocket uses funding from the US Department of Housing & Urban Development (HUD) to provide qualified first time buyers loans up to $5,000 to assist with down payments. The no-interest loan is partially forgiven after 5 years and the remainder is repaid when the property is sold or there is a title change.
They offer housing grants for Veterans and service members with certain service-connected disabilities so they can buy or change a home to meet their needs and live more independently.
RIHousing's Extra Assistance program helps eligible first-time homebuyers in Rhode Island with downpayment assistance in the form of a second mortgage lien.
We offer housing grants for Veterans and service members with certain service-connected disabilities so they can buy or change a home to meet their needs and live more independently. Changing a home might involve installing ramps or widening doorways. Find out if you’re eligible for a disability housing grant—and how to apply.
