SINA SAMA Homebuyer Assistance Program

What is SINA SAMA Homebuyer Assistance Program?

SINA SAMA Homebuyer Assistance Program is a grant for homebuyers in Hartford, Connecticut, administered by SINA, Inc. with the Spanish American Merchants Association (SAMA).

• Offered by the Spanish American Merchants Association with SINA, this program provides up to $5,000 in closing-cost assistance to SAMA-affiliated employees buying a renovated SINA Cityscape Home in the Park Street area of Hartford. Applications are handled via RE/MAX Renaissance.
• Up to $5,000 closing-cost assistance.
• Renovated Energy Star Cityscape Homes.
• Walk-to-work in Park Street area.
• Bilingual support.
• Funding comes from SINA/SAMA; underlying Cityscape Homes funded via Neighborhood Stabilization Program with City of Hartford, CL&P, LISC.

How much assistance does it provide?

SINA SAMA Homebuyer Assistance Program offers up to $5,000 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 — SINA, Inc. with the Spanish American Merchants Association (SAMA) determines any individual award.

Do you have to pay it back?

SINA SAMA Homebuyer Assistance Program is structured as a grant, so it is not repaid.

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

Who qualifies?

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

What are the income limits?

SINA SAMA Homebuyer Assistance Program sets its income limit as follows: No published income limit; tied to SAMA affiliation + purchase of an eligible Cityscape Home.

• 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?

SINA SAMA Homebuyer Assistance Program caps the purchase price as follows: Applies only to designated SINA Cityscape Homes in the Park Street area (e.g., a listed two-family at $154,900).

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

Is there eligibility for specific groups?

SINA SAMA Homebuyer Assistance Program is limited to employees of SAMA-affiliated employees.

• Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

SINA SAMA Homebuyer Assistance Program serves buyers purchasing in Hartford, Connecticut.

• The program gives priority to designated target areas, so the address matters as well as the county.
• Targeted neighborhoods: Park Street area, Hartford.

How do you apply?

Applications for SINA SAMA Homebuyer Assistance Program go through SINA, Inc. with the Spanish American Merchants Association (SAMA), which publishes the current terms and the application steps on its own site.

1. 1

   Contact SINA, Inc. with the Spanish American Merchants Association (SAMA) to reserve funds

   Funds are reserved through Apply through RE/MAX Renaissance (Lesbia Hernandez), and are subject to availability.

2. 2

   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.