Housing Finance Agencies (HFAs)

Housing Finance Agencies (HFAs) are government-created organizations that help make housing affordable for residents. They achieve this by providing funding for low- to moderate-income individuals and families, often through mortgage loans, down payment assistance, and rental support. HFAs develop programs that promote homeownership and affordable rental housing while also ensuring that communities thrive. They typically operate at the state or local level and work with private lenders to provide these services, aiming to enhance access to safe and decent housing for all.