Connecticut
The Connecticut Housing Finance Authority gives loans for down payment assistance. You must borrow at least $3,000, but you can t borrow more than the minimum down payment for your home.
You might find assistance specific to where you live through the Housing Development Fund.
Delaware
You can receive 2% to 5% of your mortgage amount as a loan from the Delaware State Housing Authority, and put that loan toward a down payment or closing costs. You won t pay interest, and you ll pay back the loan when you move, refinance, or pay off your mortgage. You can also get up to $2,000 per year in tax credits.
Spokane nonprofit to build upscale, yet affordable low-income housing
Community Frameworks is starting construction on 46 rental apartments for low-income families. Rent starts at $250 a month. Author: Morgan Trau (KREM) Updated: 8:18 AM PST December 14, 2020
SPOKANE COUNTY, Wash Spokane’s housing shortage has only been exacerbated by the pandemic, but a nonprofit is starting construction on a low-income rental home development that will let low-income families live affordably.
Sinto Commons is being built by Community Frameworks and their partners.
The Spokane City Council just approved a small sales tax increase to pay for incoming affordable housing, which could take place in April 2021. This project has been in the works for multiple years.
Spokane-based Community Frameworks broke ground last week on Sinto Commons, a four-story apartment development in North Central.
The nonprofit affordable housing association is preparing the project site by removing a large, basalt rock formation at 509 W. Sinto Ave. Vertical construction of the building is slated to begin in the spring.
Sinto Commons will span more than 50,600 square feet and consist of 47 studio, one-, two- and three-bedroom units, indoor common areas, outdoor play areas and on-site parking. The nonprofit has designated 23 units for people who are homeless.
“The impact of COVID-19 has reminded all of us about the importance of home. Our homes have become multipurpose spaces where we live, work and where our children attend school,” Deb Elzinga, CEO of Community Frameworks, said in a statement. “We are very excited about Sinto Commons, and we are glad to be able to create opportunities for people to find a place to call home.”