chfa firstgeneration^sm: $25,000 in down payment assistance

Greetings,

We are reaching out to you today to provide details and marketing materials regarding CHFA FirstGeneration^sm. CHFA FirstGeneration offers a first mortgage loan as well as an optional second mortgage up to $25,000—regardless of first mortgage loan amount—to apply toward down payment, closing costs, prepaids, and/or principal reductions.

Helping first-generation homebuyers access equity and generational wealth

• a borrower who has never owned a home and whose parents or guardians never owned a home during the homebuyer’s lifetime; or
• a borrower that has lived in the foster care system who has not previously owned a home.

Spread the word: tools to promote

1. CHFA FirstGeneration Homebuyer webpage: share with your customers for more information.
2. CHFA FirstGeneration Communications Toolkit: the kit includes three flyers as well as social media posts with captions tailored to specific audiences you can send out.