If you are a Connecticut certified full-time or part-time public school teacher or vocational-technical teacher employed by and teaching in your endorsement area in a priority or transitional school district, or are certified to teach and are teaching in a state-identified subject matter shortage area, you may qualify for the Teachers Mortgage Assistance Program. CHFA provides a 30-year, fixed rate mortgage loan.
You need to be a first-time homebuyer, or not have owned a home during the past 3 years. (Prior homeowners may be eligible to purchase homes in a targeted area of the State.) When applying for a loan, you must submit a Statement of Eligibility letter from the school district superintendent where you teach, verifying that you are a certified teacher in either a priority or transitional school district or teach in a state-identified subject matter shortage area.