Hamden CDBG Homebuyer Assistance Grant Program

What is Hamden CDBG Homebuyer Assistance Grant Program?

Hamden CDBG Homebuyer Assistance Grant Program is a grant for homebuyers in Hamden, Connecticut, administered by Town of Hamden, Office of Economic and Community Development.

• A Town of Hamden CDBG-funded grant that helps low- and moderate-income homebuyers purchase a home anywhere in Hamden. The grant covers up to 50% of the lender's required down payment, up to $15,000, and is not repaid if the buyer owner-occupies at least three years. Buyers must complete an 8-hour HUD-certified homebuyer education class, meet 80% AMI income limits, and finance with a fixed-rate FHA, VA, or conventional first mortgage.
• Grant of up to $15,000 (50% of required down payment).
• No repayment if owner-occupied 3+ years.
• Town-wide (not limited to target neighborhoods).
• Pre-approval valid up to 12 months.
• This is a federal program, so it is available beyond a single state or city.
• Funding comes from U.S. Department of Housing and Urban Development - Community Development Block Grant (CDBG).

How much assistance does it provide?

Hamden CDBG Homebuyer Assistance Grant Program offers up to $15,000 in assistance.

• The program can be combined with other assistance, subject to the rules of each.
• Amounts are the program's published maximums, not an offer — Town of Hamden, Office of Economic and Community Development determines any individual award.

Do you have to pay it back?

Hamden CDBG Homebuyer Assistance Grant Program is structured as a grant, so it is not repaid.

• Repayment is triggered by Grant (no repayment) unless owner fails to owner-occupy for the minimum three (3) years.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Hamden CDBG Homebuyer Assistance Grant Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Hamden CDBG Homebuyer Assistance Grant Program limits household income to 80% of the area median income, which varies by county and household size.

• At or below 80% AMI, New Haven-Meriden CT HUD Metro FMR Area (FY2025): 1p $63,700; 2p $72,800; 3p $81,900; 4p $90,950; 5p $98,250; 6p $105,550; 7p $112,800; 8p $120,100.
• The limit applies to total household income, not only the borrower’s.
• The program lists a maximum household size of 8.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Hamden CDBG Homebuyer Assistance Grant Program caps the purchase price as follows: Below HUD Section 221(d)(3) limits for Hamden, CT, or no more than 90% of area median purchase price, whichever is lower.

• Eligible property types include Single Family, Condo, Townhouse, and 2-4 Unit.
• New construction is eligible.

Where does it apply?

Hamden CDBG Homebuyer Assistance Grant Program is a federal program, so it is not limited to Connecticut.

How do you apply?

Applications for Hamden CDBG Homebuyer Assistance Grant Program go through Town of Hamden, Office of Economic and Community Development, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through 8-hour HUD-certified homebuyer education within 1 year prior to applying (e.g., NHS of New Haven; HDF Stamford).

2. 2

   Contact Town of Hamden, Office of Economic and Community Development to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.