Several cities provide localized assistance that can sometimes be combined with state programs. Time To Own Forgivable Down Payment Assistance | CHFA
Individuals with disabilities or those living with a disabled person. home buying programs in ct
: Up to 20% for a down payment and 5% for closing costs. : A second mortgage loan with low interest
: A second mortgage loan with low interest rates (typically matching the first mortgage) to cover upfront costs. becoming fully forgiven after 10 years.
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
: Qualified borrowers can receive an additional 0.125% discount on published interest rates if they belong to certain groups: Teachers (in specific districts or shortage areas). Military service members, veterans, and surviving spouses. Police officers (State Troopers or municipal officers).
: A 0% interest loan with no monthly payments. 10% of the principal is forgiven annually, becoming fully forgiven after 10 years.