Housing Development Fund Awarded $600,000 Hartford Foundation Grant for Downpayment Assistance to BIPOC First-Time Homebuyers

To assist more Greater Hartford families seeking to become first-time homebuyers, the Hartford Foundation for Public Giving has awarded the Housing Development Fund a $600,000 grant to support the Homeownership Equity Fund. This grant will allow HDF to provide between 25 and 35 BIPOC households in towns served by the Foundation with zero-percent loans for down payment and closing costs. This investment contributes to the Foundation’s goal of increasing the number of Hartford residents living in higher opportunity neighborhoods as part of its efforts to dismantle structural racism and advance equitable mobility in Greater Hartford's Black and Latine communities.