2024 Down Payment Assistance Program
NOW ACCEPTING APPLICATIONS THROUGH APRIL 1, 2025
ASSISTANCE AVAILABLE: up to $30,000 in down payment assistance
TYPE OF HOUSING ELIGIBLE
- Must be (1) a single family residence with no rental units
- located within the Suffolk County Consortium, which includes all of Suffolk County except the Townships of Islip, Babylon and Brookhaven.
- Purchased may be a pre-existing or newly constructed single family residence, condominium, co-operative apartment (Co-op) or manufactured home. Manufactured homes must be placed on real property owned or to be owned by the purchaser.
Property Value Limit: The maximum appraised value of an existing home cannot exceed $551,000. For a newly constructed home, the appraised value cannot exceed $551,000.
ELIGIBILITY CRITERIA: An Applicant Must:
- Be a first time homebuyer, defined by HUD as a person who has not owned a home during the three year period immediately prior to the purchase of a residence with HOME funding.
- Have an adjusted gross household income must be within the HUD guidelines (listed in the application)
- Occupy the property as their principal residence for 10 years.
- Attend homebuyer counseling at a HUD certified not-for-profit housing agency in person.
- Not have entered into a Contract of Sale to purchase a home prior to being awarded a Purchaser Certificate from the Suffolk County Community Development Office.
- Have minimum of $3,000 of their own funds at the time of application in their savings, checking or investment accounts.
Visit SCDownpayment.com to download the Application and Guidelines and the Quick Reference Guide in English and Spanish and to visit Application Portal.
If you have questions please contact the Office of Community Development at 631-853-5705 or email community.development@suffolkcountyny.gov