Achieving the Dream Program for First Time Home Buyers in New York
by:
Iola BonggayThe State of New York Mortgage Agency, otherwise known as SONYMA, is a public authority that was created in the year 1970 in an effort to provide reasonable and affordable home-ownership opportunities to low and moderate income New Yorkers, especially to first time home buyers.
The mission of the SONYMA is to offer mortgage programs as well as mortgage credit certificates that will assist first time home buyers in the process of purchasing a house in the State of New York.
One of the programs of the State of New York Mortgage Agency, is the Achieving the Dream Program wherein it seeks to provide eligible low income first time home buyers with really low down payment mortgage financing programs on one or two family dwelling, such as cooperative apartments, condominiums, and manufactured homes that are permanently attached to a real property, at tremendously low and consumer-friendly interest rates.
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Achieving the Dream Program for First Time Home Buyers in New York
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About The Author
Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.
She also maintains Websites providing resources on community grants and health grants.
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Additional Government Grants Resources
First Time Homebuyer Programs in ConnecticutThe Connecticut Housing Finance Authority, otherwise known as CHFA, is a self-supporting quasi-public housing agency operating within the State of Connecticut. The agency was established in the year 1969 in an effort to address the concerns regarding the lack or insufficient supply of affordable housing opportunities for Connecticut’s low- and moderate-income families and individuals.
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