State Housing Agencies and Authorities

Find state housing agencies that work with bad credit or no credit clients Financing is a hurdle many people face when their credit history is less than stellar. With the right help, even low income home buyers find financing through state housing finance authorities and government programs.

I recommend:  Try the Accent Mortgage Company down payment assistance program available in many states, and FHA's low down payment or zero down payment options.

Work with the state housing authority in developing neighborhoods Finding quality home buyers to invest in revitalized areas or neighborhoods under development is the best way to improve home values in any area. The state housing authority has information about areas under improvement and grant and loan programs available to help in the development process.

I recommend:  HUD's Community Renewal Initiative gives information about tax incentives for developments in poor urban areas. Find out about public housing and development issues by contacting the Public Housing Authorities Directors Association (PHADA) for links to state housing authorities.

Look for special programs for low income first time home buyers through state housing agencies State housing agencies want to match the right person with the right home. It's good for community building and it's good for business owners. Getting low income families into special housing opportunities is the best way to improve old neighborhoods and make home buying dreams a reality.

I recommend:  Visit the National Council of State Housing Agencies for information on state housing authorities and programs in your area. Also check out the Housing and Urban Development website for information on mixed housing communities with ownership possibilities.