The Impact of Time To Own
Dec 16, 2024
Launched in June 2022, Time To Own (TTO) has significantly improved first-time homebuyers’ ability to compete in the historically competitive Connecticut housing market. With strong demand and limited for-sale inventory, first-time homebuyers have faced significant head winds. Recently, TTO closed its 5,000th loan, which provided over $150 million in down payment assistance to first-time homebuyers across 149 towns.
To celebrate this milestone, CHFA is proud to introduce the Time To Own Dashboard so that you can see the impact of the program in your region. The dashboard includes all closed TTO loans, is updated weekly, and filterable by Planning Region.
For questions or requests for additional data, please email research@chfa.org?
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Andrew Bolger is a Senior Research and Data Analyst in the Connecticut Housing Finance Authority’s Research, Marketing, and Outreach Department. In this role he manages CHFA’s housing database, tracks and analyzes housing market conditions, and evaluates CHFA programs. He received a BA in Economics and Political Science and an MA in Public Policy from the University of Connecticut.