PHFA Launches K-DATE Loan Program to Assist Homebuyers with Down Payment and Closing Costs
The Pennsylvania Housing Finance Agency (PHFA) has introduced the K-DATE loan program, offering 0% interest and no monthly payments for up to 30 years. The program aims to help homebuyers cover down payment and closing costs, with eligibility based on purchase price or appraised value. The initiative is expected to increase homeownership opportunities in Pennsylvania.
Topics: government programs homeownership housing policy mortgage assistance