This program provides aid to people who cannot otherwise afford a down payment and whose credit has been adversely impacted. The program offers support such as rent-to-own, owner financed housing options, grants for home improvements and repairs, downpayment assistance programs and access to special mortgage products. It also helps those facing foreclosure or bankruptcy with counseling services that can help them create an action plan to improve their financial situation.
The goal of the National Housing Assistance Program is to provide sustainable homeownership opportunities that are affordable for all Americans regardless of their current economic circumstances. By providing access to resources designed specifically for lower income families as well as individuals with poor credit history, we can move towards greater wealth equality in America by helping more people become homeowners on equal footing. This will then lead to stronger communities with more stability and job opportunities which will ultimately result in greater overall prosperity nationwide!
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