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WRO promotes equal, affordable & accessible housing
opportunities for all residents in our region.
Click to call for assistance: 914-428-4507

Home Buying Grants

Down Payment and Closing Cost Assistance Programs

Learn more details about these programs by attending a “Homebuying Orientation Workshop.”
NOTE: ALL GRANT PROGRAMS REQUIRE COMPLETION OF HOME BUYER EDUCATION.
For New York Residents:
First Home Club Savers ProgramQualify for a $7,500 grant. Must participate in a match savings program and with a participated bank.
American Dream Downpayment Initiative (ADDI)Qualify for downpayment assistance in the amount of 3% of the anticipated purchase price or $10,000 whichever is less. This grant is restricted to properties located in Yonkers.
Homeownership Voucher Choice ProgramQualify for continued HAP assistance toward your mortgage payments when purchasing your first home for the duration of 15 years. (Must currently have a Section 8 voucher REQUIRED)


SONYMA's Down Payment Assistance Loan Program
Qualify for a SONYMA loan? If yes, then you also qualify for the downpayment program. Receive 3% of the purchase price or $15,000, whichever is greater.
Smart Move LoanDown payment loan assistance up to 20% of the purchase price. Fixed rate of 3% for 20 years. 1% down of own funds required. First mortgage must be with a participating bank.
Learn about these programs by attending a Homebuying Orientation Workshop or a Financial Literacy Seminar.
For a current schedule, click here.