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Homebuyer Tools, Calculators and Look-ups

Targeted Areas

The Connecticut Housing Finance Authority (CHFA) suspends many of its mortgage eligibility rules for homes purchased in areas of the state targeted for revitalization.  These “targeted areas” have been recognized by the federal government as likely to benefit from an increase in homeownership.

The cities of Bridgeport, Hartford (except for Census Tract 5245.02), New Haven (except for Census Tract 3614.02), New London, and Waterbury have been designated as targeted areas.  

Also, portions of Ansonia, Danbury, Groton, Meriden, Middletown, New Britain, Norwalk, Norwich, Stamford, Torrington and Windham have been designated as targeted areas.  

The exemptions to CHFA eligibility rules that apply to borrowers buying homes in targeted areas are: 

    • First-time homebuyer status is not a requirement.  
    • Income limits do not apply unless the borrower also has a Downpayment Assistance Program loan. 
    • Federal mortgage insurance is not required and PMI insurance is permitted when a down payment of 15% or more is made on a home with a mortgage that exceeds FHA loan limits but is within the applicable CHFA sales price limits.    

Use the census tract maps below to determine if the home you wish to buy is located in a targeted area that qualifies for a CHFA exemption.

Related Documents Found: 13  matches     Displaying: 1 - 13 
FileSizeType
Ansonia - Census Tract Map
This map shows the boundaries and numbers of the census tracts within Ansonia that are designated "Targeted Areas." (Targeted Areas are federal and state-designated locations were homeownership is encouraged/incentivized.)
661Kpdf

Danbury - Census Tract Map
This map shows the boundaries and numnbers of the census tracts within Danbury that are designated "Targeted Areas." (Targeted Areas are federal and state-designated locations where homeownership is encouraged/incentivized.)
804Kpdf

Groton - Census Tract Map
This map shows the boundaries and numbers of the census tracts within Groton that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.)
890Kpdf

Hartford - Census Tract Map
This map shows the boundaries and numbers of the census tracts within Hartford that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.)
806Kpdf

Meriden - Census Tract Map
This map shows the boundaries and numbers of the census tracts within Meriden that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.)
639Kpdf

Middletown - Census Tract Map
This map shows the boundaries and numbers of the census tracts within Middletown that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.)
681Kpdf

New Haven - Census Tract Map
This map shows the boundaries and numbers of the census tracts within New Haven that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.)
551Kpdf

New Britain - Census Tract Map
This map shows the boundaries and numbers of the census tracts within New Britain that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.)
741Kpdf

Norwalk - Census Tract Map
This map shows the boundaries and numbers of the census tracts within Norwalk that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.)
2095Kpdf

Norwich - Census Tract Map
This map shows the boundaries and numbers of the census tracts within Norwich that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.)
697Kpdf

Stamford - Census Tract Map
This map shows the boundaries and numbers of the census tracts within Stamford that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.)
964Kpdf

Torrington - Census Tract Map
This map shows the boundaries and numbers of the census tracts within Torrington that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.)
690Kpdf

Windham - Census Tract Map
This map shows the boundaries and numbers of the census tracts within Windham that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.)
452Kpdf
FileSizeType
Found: 13  matches     Displaying: 1 - 13