Finance
The purpose of the Connecticut Housing Finance Authority (CHFA) is to:
ARegulate mortgage rates in Connecticut
BProvide affordable mortgage financing and housing assistance to low- and moderate-income Connecticut residents✓ Correct
CInsure commercial real estate loans
DManage the state's pension fund investments
Explanation
CHFA provides affordable mortgage programs, down payment assistance, and housing finance solutions for low- and moderate-income Connecticut residents and first-time homebuyers.
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