Housing Finance Agency

A Housing Finance Agency (HFA) is a state or local organization that helps make homeownership more accessible and affordable. They do this by providing low-cost mortgage financing, support for first-time buyers, and funding for affordable housing projects. HFAs work in partnership with lenders, developers, and government programs to increase housing options, promote community development, and reduce barriers to owning a home. Their goal is to strengthen local housing markets and ensure that more people can achieve stable, affordable homeownership within their communities.