Home Buying Programs That Help

Home-Buying Programs That Help

Buying a home can be difficult, but don’t give up. If you dream of owning your own home, a home-buying program can help. The following federal and community-based organizations might be just what you need.

Before you look for national home-buying programs, see what you can learn about home ownership programs available in your own state. To do this, you can visit our Housing Agency List and contact your local agency. You can also check with the Public Housing Authorities Directors Association.

Counseling

You might also consider meeting with a housing counselor that can answer your questions about the home-buying process, obtaining a mortgage, and more. A counselor can also tell you about various home buying programs in your area.

HUD Homes

Additionally, you might consider buying a home through Housing and Urban Development (HUD). HUD sells properties in every state. A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim. Often these properties are sold at highly discounted rates. You can search online for properties in your area and learn more about HUD properties by visiting HUD.

Apply for a Habitat for Humanity House

Habitat for Humanity is a non-profit, Christian housing ministry that believes every person should have a decent, safe, and affordable place to live. They look at three criteria when considering who to help get into a home:

The need of the individual applying for the home.
The individual’s willingness to partner with Habitat.
The individual’s ability to repay the interest-free loan.

Individual Development Accounts (IDA)

An Individual Development Account is a matched savings account, usually set up by a community organization for the purpose of helping low to mid-income families save money toward the purchase of a home, or to be used for education or launching a small business.

Many organizations contribute money toward IDAs. Some IDAs will match what the recipient is saving, while others contribute twice the amount that the participant is saving. This, of course, can help you tremendously in saving toward your goals. In addition, programs that offer IDAs often include economic literacy training as well.

6 thoughts on “Home Buying Programs That Help

  1. We are on the Yakima Housing authority section 8 list since April 2011. Our income is social security disability both disabled. He gets $1064.00 and me $419.00 a month. No criminals and no debts other than a furniture payment of $130. We rent $750 plus w/s/g and electric. We moved here 17 months ago the house is all brand new inside and out. It will pass an inspection no doubts. OIC weatherized it last December insulated floors and all. We need financial help because we go without meds/food/water bill/elec bill. The landlord mentioned selling when we were moving in.

    1. Brenda,
      I apologize that I can’t tell you where you are on the wait list. We are not affiliated with any Housing Authority.
      I know many of the wait lists are extensive.
      Have you tried to contact them to see if they can tell you where you are on the list?
      Has your contact information changed since you applied? If so you need to update this with them or they will remove you from the wait list if your name comes up.
      I would tell you to get in touch with the Housing Authority in Yakima Office: 509-453-3106 and see if there are any other programs you may qualify for.

      Good Luck, I hope this helped.
      Shari

  2. I am coretta,
    I never been on section 8 before in my life. I am deaf with two kids no job only get ssdi check 831 a month and I got bills to paid like car note, car insurance, phone and others stuffs good, clothes my check are not getting me no where I living with my mom been staying with her for three month. I really need section 8 help.

    1. Coretta,

      We are not affiliated with any Housing Authority or program.
      Our site is here to give you the information you need to apply for housing in your area.
      You need to contact your local Housing Agency to see if there are any programs you qualify for.
      If you are not sure who to contact please go to our home page, and click on your state.
      You will be taken to a page with a list of agencies in your area with contact information.

      I hope this helps,
      Shari

  3. Just looking for any housing assistance. That can help me out im a mother of 7 i have 2 boys that are disabled plus 4 childreb under the age of 5 so its hard just want to have a safe secure foundation n stabke home for my family just looking for suggestion thank u have a great day Holly California

    1. Holly,

      Have you applied through your local Housing Authority?
      They may have several programs you could qualify for.
      I would reach out to them and see what options are available in your area.

      I wish you the best,
      Shari

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