Neighborhood Housing Services of New Haven - Affordable Homeownership

What is Neighborhood Housing Services of New Haven - Affordable Homeownership?

Neighborhood Housing Services of New Haven - Affordable Homeownership is down payment assistance for homebuyers in New Haven, Connecticut, administered by Neighborhood Housing Services of New Haven (NHS of New Haven), a NeighborWorks chartered member nonprofit.

• NHS of New Haven (a NeighborWorks-chartered nonprofit) develops affordable homeownership by building new homes and rehabilitating vacant homes, then selling them to income-qualified first-time homebuyers at a fraction of development cost via assembled subsidy packages. Buyers must complete NHS's free required homebuyer education. The HomeOwnership Center also helps buyers layer down payment assistance. NHS has sold 297 affordable homes since 1979 with projects under construction in 2026.
• Energy-efficient affordable homes sold below cost to first-time buyers.
• Free required homebuyer education.
• Help assembling DPA.
• Post-purchase support.
• Funding comes from Subsidy packages including State Housing Tax Credit program, CT Department of Housing, City of New Haven Livable City Initiative, and private/donor contributions.

Do you have to pay it back?

Neighborhood Housing Services of New Haven - Affordable Homeownership is down payment assistance and is repaid under the terms set by Neighborhood Housing Services of New Haven (NHS of New Haven), a NeighborWorks chartered member nonprofit.

• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Neighborhood Housing Services of New Haven - Affordable Homeownership is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Neighborhood Housing Services of New Haven - Affordable Homeownership sets its income limit as follows: Targets low- and moderate-income first-time buyers; specific income limits not published online and vary by funding source/project.

• The limit applies to total household income, not only the borrower’s.
• 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?

Neighborhood Housing Services of New Haven - Affordable Homeownership caps the purchase price as follows: Homes sold below market/cost; average NHS-renovated two-family sale price ~$260,000.

• Eligible property types include Single Family and 2-4 Unit.
• New construction is eligible.
• Manufactured homes are not eligible.

Where does it apply?

Neighborhood Housing Services of New Haven - Affordable Homeownership serves buyers purchasing in New Haven, Connecticut.

• The program targets specific areas: Underserved New Haven neighborhoods, currently Newhallville and the Hill.
• Targeted neighborhoods: Newhallville, The Hill (New Haven).

How do you apply?

Applications for Neighborhood Housing Services of New Haven - Affordable Homeownership go through Neighborhood Housing Services of New Haven (NHS of New Haven), a NeighborWorks chartered member nonprofit, 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 NHS of New Haven HomeOwnership Center (HOC) - free and required homebuyer education courses before purchase.

2. 2

   Contact Neighborhood Housing Services of New Haven (NHS of New Haven), a NeighborWorks chartered member nonprofit 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.