FOR FIRST-TIME HOMEBUYERS . … First Home Club - The Federal Home Loan Bank operates a program through local banks and non-profit housing organizations that will match a homebuyer's funds three-to-one up to a maximum of $5,000. and Management. The continuation of this long successful program is a part of an on-going commitment to help make the "American Dream" of home … Westchester/Hudson Valley. The Department of Economic Development and Planning is privileged to open the doors of our county to you and to introduce you to a place that offers the best for business and the best for life. ... First Home Club savings program for eligible first-time buyers… Suffolk County Ideal for First-Time Home Buyers Low 3.5% Down Payment Requirements Favorable Credit Score Requirement of 580+ FHA Loans are the #1 loan type in America with 11.41% of all single-family residential mortgage originations and #1 market share for first-time home buyers … Important: Please retain this copy of the program … Through implementation of various technical and financing programs the department acts as a one-stop resource for all type of business sectors and their respective needs. Through various grants the department encouraging tourism and downtown revitalization both which support the quality of life our residents have come to enjoy and expect. Down Payment Assistance – A low interest rate loan for down payment and closing cost assistance is available for first-time home buyers to avoid Private Mortgage Insurance (PMI) whose income is no greater than 120% of the area median income (AMI) based on family size. homeownershipcenter@cdcli.org. To get started, please Contact Us. This requirement will be waived for U.S. military veterans … Economic Opportunity Council of Suffolk Inc. 31 West … Continue with heating bill assistance in Long Island. New Grants for Nassau and Suffolk County First-Time Homebuyers: Community Housing Innovations (CHI) Offers Assistance to Families Earning Nearly $100 Press Releases By Long Island … State of New York Mortgage Agency (SONYMA) offers low-interest mortgage loans and programs to help qualified buyers purchase their first home. If you’re a U.S. military member looking to buy a home, the first New York first-time homebuyer program you should cross off your list is the VA loan program. HomeOwnership Center – Nosotros hablamos español DPAP Application - English. The Suffolk Redevelopment and Housing Authority in partnership with the City of Suffolk assists in creating homeownership opportunities by providing downpayment and closing cost assistance for first-time homebuyers through the HOME Downpayment and Closing Cost Assistance Program. First-time … SONYMA provides access to affordable homeownership by removing many of the hurdles faced by first-time … This Program is currently closed by Suffolk County. Email: info@lihp.org 180 Oser Avenue Suite 800 Hauppauge, NY 11788. To qualify, applicants need to: Meet the definition of a “First-Time Homebuyer” Attend one of CHI’s Homebuyer … SUFFOLK COUNTY HOME CONSORTIUM . Hours: Monday - Friday 9am - 5 pm. Foreign-Trade Zone #52, Real Property Acquisition Down Payment and Home Repair – Grants are available for down payment and post closing home repairs for first time homebuyers in order to improve the quality of decent, affordable housing for New York homebuyers.. Down Payment Assistance – A low interest rate loan for down payment and closing cost assistance is available for first-time home buyers … Get Started Now. First Time Home Buyer Questions (Suffolk County Grant), Long Island, 14 replies $8000 1st time home buyer credit extension, $6500 2nd time home buyer credit expected to pass next week , … Copyright © 2020 Community Development Corporation of Long Island All Rights Reserved | Site Map, Single Family Home Development/Suffolk County Landbank Corporation, Homeowner Preservation and Foreclosure Prevention, Home Accessibility Options for Individuals with Disabilities, Mainstream Housing for Persons with Disabilities. CDCLI is a significant force for revitalizing and building strong communities because home matters for all people. During this unprecedented public health crisis, our Homeownership Advisors are here for you, working remotely ready to help you achieve the American dream! SmartMove NY – 20 year second mortgage loans at a low fixed rate, for up to 20% of the home purchase price are available to income eligible home buyers. Grants can be used for down payment and closing costs. Phone: 631-435-4710.  H. Lee Dennision Building Contact Information 11th Floor Long Island Housing Partnership, Inc. 180 Oser Avenue Hauppauge, NY 11788-3709 Phone: (631) 435-4710 x1 Fax: (631) 435-4751 Email. As you learn more about the characteristics that make living and working here so exceptional, we think you’ll agree that Suffolk truly is better for business and better for life. The Town of Brookhaven HOME Down Payment Assistance Program will provide eligible first time homebuyers with up to $20,000 towards down payment/closing costs towards the purchase of an eligible new or existing single-family home… We assist private enterprise, not-for-profit organizations and municipalities in the production of workforce housing that offers opportunities for our highly educated and skilled workforce to remain here in Suffolk County. "There are some out-of-the-box programs available for first-time homebuyers on Long Island," Forman said. The Economic Opportunity Council of Suffolk County NY provides programs and services to assist in making owning a home on Long Island come true. Patchogue. Programs and agencies operate across Long Island and Suffolk County can disburse cash, weatherization, referrals and more. Down Payment Assistance and Closing Cost Assistance in NYS Federal Home Loan Bank of New York First Home Club Up to $7,500 towards down payment and closing costs Savings program matches $4 for every $1 you save, up to $1,875 Savings plan runs 10-24 consecutive months First time buyers … To ease the path to home … Suffolk gets federal grant to help first-time home buyers BY DEBORAH S. MORRIS | Suffolk County Executive Steve Levy Sunday announced the county has obtained a federal grant to help first-time homeowners purchase renovated houses that have been abandoned or are in foreclosure. If you are looking to buy a starter home on Long Island, New York, now is the perfect time to consider the First Time Home Buyer Programs in Nassau and Suffolk County from our mortgage company. Rich in history, culture and recreational venues, blessed with outstanding resources for education and scientific research, and possessed of a dynamic economic environment and workforce, Suffolk … DOWN PAYMENT ASSISTANCE PROGRAM APPLICATION NOW AVAILABLE! He announced the county … The Department of Economic Development and Planning assists and promotes the development, growth and retention of a broad mix of industry clusters that facilitate job opportunities and private capital investment. Assistance for Suffolk Residents with down payments for new homes. … The Suffolk County Community Development Department has grants available for first-time homebuyers purchasing a home in the Towns of Brookhaven, East Hampton, Huntington, Riverhead, Shelter Island, Smithtown, Southampton and Southold. Access to Services in Your Language Complaint Form: Copyright © 2020, Suffolk County Government. Menu. 75 S Broadway, Suite 340 White Plains, NY 10601 Phone: (914) 683-1010 Fax: (914) 683-6158 Toll Free: (877) HUD-COUNseling Down Payment and Home Repair – Grants are available for down payment and post closing home repairs for first time homebuyers in order to improve the quality of decent, affordable housing for New York homebuyers. CDCLI invests in the housing and economic aspirations of individuals and families by providing solutions that foster and maintain vibrant, equitable, and sustainable communities. Ideal for First-Time Home Buyers Low 3.5% Down Payment Requirements Favorable Credit Score Requirement of 580+ FHA Loans are the #1 loan type in America with 11.41% of all single-family residential mortgage originations and #1 market share for first-time home buyers … Voucher Homeownership Second Mortgages – loans are available for Housing Choice Voucher recipients for the difference between the purchase price of a single family home and the first mortgage amount, less the down payment. Virtual First Time Homebuyer Orientation … The Nassau County Office of Housing and Community Development has awarded $500,000 in federal HOME Investment Partnerships (HOME) Program funding for a first-time homebuyer assistance program. 631-471-1215 x158 In Suffolk County, home prices have risen more than three times faster than wages. 2018 PROGRAM GUIDELINES . Adelante Of Suffolk County, Inc. – A number of services are administered to prevent homelessness in Suffolk County. CHI’s Renters into Owners program provides qualified homebuyers with grants of up to $25,000 for the purchase of a one-family home, a condominium or a cooperative for owner-occupancy in Westchester or on Long Island. The First Time Home Buyer Programs in Nassau and Suffolk County, Long island … Be a First-Time Homebuyer (cannot have owned a home during the 3 year period immediately prior to the purchase of a residence with HOME funding). The Department of Economic Development and Planning is privileged to open the doors of our county to you and to introduce you to a place that offers the best for business and the best for life. 100 Veterans Memorial Highway DOWN PAYMENT ASSISTANCE PROGRAM . Click above to view the 2018 Annual Report The Employer Assisted Housing Program was introduced by the Long Island Housing Partnership as an economic initiative to assist Long Island employers to recruit and retain qualified professionals.. Stephen and Aimee Keegan, with Joseph, 8 months, received about $35,000 in buying and renovating a $360,000 Cape Cod in Levittown from the Long Island … If so, you need only to contact our office to learn more about doing business in Suffolk County and all the ways that we can help make relocating or expanding a business here as easy and trouble-free as possible. Rich in history, culture and recreational venues, blessed with outstanding resources for education and scientific research, and possessed of a dynamic economic environment and workforce, Suffolk is an ideal home for any family or business. SUFFOLK COUNTY DEPARTMENT OF COMMUNITY DEVELOPMENT : Affiliated Program: DOWN PAYMENT ASSISTANCE PROGRAM : This Service: DOWN PAYMENT ASSISTANCE PROGRAM : Taxonomy Postings; Posted to Categories: First Time Buyer Home Loans (BH-3500.3400-250) First Time … Hauppauge, New York 11788. A number Of services are administered to prevent homelessness in Suffolk County, Inc. A... 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