Next to job availability, access to affordable housing was ranked the second most important challenge for lower-income communities by New England respondents to the Federal Reserve Bank of Boston’s Community Outlook Survey.
Expertise in low down payment lending helps HFAs fill new gaps
Home buyers across the nation with less than a 20 percent down payment are discovering that their state's housing finance agency (HFA) offers mortgages with the terms they need, according to a recent report from Bloomberg news.