WHO IS AMERICAN FAMILY FUNDS, INC.?
American Family Funds, Inc. (AFF) is the administrator of The Dove Foundations Downpayment Gift Program. The Dove Foundation is a 501(c)3 charitable organization that meets all guidelines established by the HUD Handbook 4155 REV-4.
The American Family Funds Gift Programs target working families with steady employment who are unable to save the required down payment.
Under current law, these programs allow the seller, lender, builder and buyer to work together with a Non-Profit 501(c)3 Charity so qualified families get their down payment and/or closing costs funds. These are true gifts that are not repaid.