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Single Family Housing Direct Home Loans in Connecticut, Massachusetts, and Rhode Island
Also known as the Section 502 Direct Loan Program, this program assists low- and very-low-income applicants obtain decent, safe and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant’s repayment ability. Payment assistance is a type of subsidy that reduces the mortgage payment for a short time. The amount of assistance is determined by the adjusted family income.
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This is a Federal USDA Program: https://www.rd.usda.gov/programs-services/single-family-housing-programs/single-family-housing-direct-home-loans-7
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