: A 0% interest loan with no monthly payments. 10% of the principal is forgiven annually, becoming fully forgiven after 10 years.
Several cities provide localized assistance that can sometimes be combined with state programs. Time To Own Forgivable Down Payment Assistance | CHFA
The most popular statewide programs are administered by CHFA and often require the use of a CHFA-approved lender. home buying programs in ct
: A second mortgage loan with low interest rates (typically matching the first mortgage) to cover upfront costs.
Connecticut offers several home buying programs for 2026, primarily through the Connecticut Housing Finance Authority (CHFA) and various municipal initiatives. These programs focus on providing and reduced interest rates for first-time buyers and those in targeted professions. Statewide Assistance Programs : A 0% interest loan with no monthly payments
: Up to $50,000 for homes in "High Opportunity Areas" or $25,000 elsewhere.
: Up to 20% for a down payment and 5% for closing costs. Time To Own Forgivable Down Payment Assistance |
Individuals with disabilities or those living with a disabled person.