HDF Live Where You Work CT

HDF Live Where You Work CT is a deferred second loan for homebuyers in Connecticut, administered by Housing Development Fund, Inc. (HDF). Live Where You Work CT is a Housing Development Fund (nonprofit CDFI) program offering up to $25,000 in down payment and closing-cost assistance at 0% interest to first-time homebuyers who purchase a home in the Connecticut city/town where they work. Remote work does not qualify. Up to $25,000 in down payment and closing-cost assistance at 0% interest. Stackable with other HDF loan products. Funding comes from Housing Development Fund (nonprofit/CDFI).

HDF Live Where You Work CT offers up to $25,000 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 — Housing Development Fund, Inc. (HDF) determines any individual award.

HDF Live Where You Work CT is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. The assistance is recorded in subordinate position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

HDF Live Where You Work CT is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required. Borrower must purchase a home in the same Connecticut town/city in which they work; remote work does not qualify. Must complete HDF first-time homebuyer counseling and education. Income must meet income guidelines set by town. General HDF criteria also apply: not owned a home in last 3 years; U.S. citizen/permanent resident/approved visa; no bankruptcy in last 4 years; no foreclosure in last 7 years; 30-year fixed first mortgage; at least 1% down plus fees/reserves; home inspection required.

HDF Live Where You Work CT sets its income limit as follows: Household must be income-eligible per income guidelines set by town (see HDF 2026 LWYW income limits). Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

HDF Live Where You Work CT serves homebuyers purchasing anywhere in Connecticut. The program gives priority to designated target areas, so the address matters as well as the county.

Applications for HDF Live Where You Work CT go through Housing Development Fund, Inc. (HDF), which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.