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:
Homebuyer Dream Program | The HDP will grant up to $9,500 towards down-payment and closing costs assistance to eligible first-time homebuyers purchasing a home through one of their approved community-based, member-lenders. Click here for more information. |
Homeownership Voucher Choice Program | Qualify 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) |
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 Loan | Down 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. |
Down Payment Assistance Program | for the City of New Rochelle. Click here for more information. |