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, New Haven, New London, and Waterbury have been designated as targeted areas.  

Also, portions of Ansonia, Danbury, Enfield, Groton, Meriden, Middletown, New Britain, Norwalk, Norwich, Rocky Hill, 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  File Size Type 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 federally-designated locations where homeownership is encouraged/incentivized.) 856K pdf Danbury - Census Tract Map This map shows the boundaries and numbers of the census tracts within Danbury that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.) 805K pdf Enfield - Census Tract Map This map shows the boundaries and numbers of the census tracts within Enfield that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.) 1178K pdf 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.) 2645K pdf 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.) 841K pdf 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.) 817K pdf 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.) 1054K pdf 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.) 2389K pdf 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.) 873K pdf Rocky Hill - Census Tract Map This map shows the boundaries and numbers of the census tracts within Rocky Hill that are designated "Targeted Areas." (Targeted Areas are federally-designated locations where homeownership is encouraged/incentivized.) 790K pdf 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.) 1234K pdf 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.) 837K pdf 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.) 522K pdf File Size Type Found: 13  matches     Displaying: 1 - 13