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Town of Enfield First-Time Homebuyer Loan Program

Town of Enfield Office of Economic & Community Development (OCD) · Enfield, Connecticut

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See what you qualify forOfficial program site →
Assistance

$10,000

The maximum the program publishes — not an offer

Income limit

80% AMI

Of area median income; varies by county and household size

Repayment

Forgivable

Forgiven after 10 years

What is Town of Enfield First-Time Homebuyer Loan Program?

Town of Enfield First-Time Homebuyer Loan Program is a deferred second loan for homebuyers in Enfield, Connecticut, administered by Town of Enfield Office of Economic & Community Development (OCD).

  • The Town of Enfield First-Time Homebuyer Loan Program provides gap funding to low- and moderate-income first-time buyers purchasing an existing home in Enfield. It covers up to 50% of the down payment and/or up to 100% of reasonable closing costs, to a $10,000 maximum, as a 0% second mortgage. Homes in the Thompsonville/North Thompsonville target area get a forgivable loan (10% forgiven yearly over 10 years); homes elsewhere get a deferred loan due on sale/transfer/delinquency. CDBG-funded and administered by the Town's OCD.
  • Up to $10,000 at 0% interest.
  • Covers up to 50% of down payment and up to 100% of reasonable closing costs.
  • Forgivable over 10 years in the target area.
  • This is a federal program, so it is available beyond a single state or city.
  • Funding comes from Federal/State Community Development Block Grant (CDBG).

How much assistance does it provide?

Town of Enfield First-Time Homebuyer Loan Program offers up to $10,000 in assistance.

  • Award tiers: Forgivable loan in Thompsonville (CT 4806)/North Thompsonville (4805) target area; deferred 0% loan elsewhere in Enfield.
  • Buyer contribution: Not specified; program covers up to 50% of down payment so applicant funds the remainder.
  • 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 Enfield Office of Economic & Community Development (OCD) determines any individual award.

Do you have to pay it back?

Town of Enfield First-Time Homebuyer Loan Program is forgiven after 10 years, so a buyer who stays that long does not repay it.

  • Repayment is triggered by Deferred 0% second mortgage (homes outside target area) payable in full on sale/transfer or on delinquency of mortgage/tax/sewer; forgivable loan in Thompsonville/North Thompsonville target area forgiven 10% per year over 10 years.
  • The assistance is recorded in Second mortgage position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Town of Enfield First-Time Homebuyer Loan Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — with exceptions: No ownership in prior 3 years; includes displaced homemakers and single parents; prior ownership of a non-permanently-affixed (manufactured) dwelling does not disqualify.
  • The home is occupied as a primary residence
  • On credit: No published minimum; OCD reviews credit report.
  • A completed homebuyer education course, through HUD-approved homebuyer counseling certificate within last year (e.g., Community Renewal Team, Mutual Housing of Hartford, Urban League of Greater Hartford, NHS of New Britain).
  • Residency: Need not live in Enfield to apply, but home must be in Enfield and the applicant's primary residence for the loan term.
  • DRAFT (dpa-gap-finder 2026-06-13): pending review. Property must be primary residence in Enfield for the loan term. HUD-approved homebuyer counseling required. Must obtain 30-yr fixed first mortgage. Home inspection + lead-paint compliance before occupancy. Loan Review Committee approval required. UNCONFIRMED: minimum credit score, max DTI, min borrower contribution, annual funding cap, participating lenders, new-construction/manufactured-home eligibility, subordination policy, citizenship requirement. Separate Enfield Housing Rehab Loan is ON HOLD, but this FTHB program is active (guidelines revised June 2025).

The program excludes

  • Households above 80% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Town of Enfield First-Time Homebuyer Loan Program limits household income to 80% of the area median income, which varies by county and household size.

  • Household income <= HUD CDBG limits (annual). 2025 Hartford County: 1=$70,950;2=$81,050;3=$91,200;4=$101,300;5=$109,450;6=$117,550;7=$125,650;8=$133,750.
  • The limit applies to total household income, not only the borrower&rsquo;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?

Town of Enfield First-Time Homebuyer Loan Program caps the purchase price as follows: No set sales-price limit; OCD evaluates if price is appropriate for income/debt.

  • Eligible property types include Single Family, Condo, and 2-4 Unit.

Where does it apply?

Town of Enfield First-Time Homebuyer Loan Program is a federal program, so it is not limited to Connecticut.

  • The program targets specific areas: Thompsonville (CT 4806) and North Thompsonville (4805) target area: loan is forgivable (10%/yr over 10 yrs); deferred 0% loan elsewhere in Enfield.

How do you apply?

Applications for Town of Enfield First-Time Homebuyer Loan Program go through Town of Enfield Office of Economic & Community Development (OCD), which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through HUD-approved homebuyer counseling certificate within last year (e.g., Community Renewal Team, Mutual Housing of Hartford, Urban League of Greater Hartford, NHS of New Britain)..

  2. Contact Town of Enfield Office of Economic & Community Development (OCD) to reserve funds

    Funds are reserved through Loan Review Committee meets first Tuesday monthly; if approved, funds reserved 90 days or to set closing date (30-60 day review)., and are subject to availability.

  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.

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