Long Island Housing Partnership Employer Assisted Housing Program (EAHP)

What is Long Island Housing Partnership Employer Assisted Housing Program (EAHP)?

Long Island Housing Partnership Employer Assisted Housing Program (EAHP) is a forgivable loan for homebuyers in Suffolk County, New York, administered by Long Island Housing Partnership, Inc. (LIHP).

• LIHP's Employer Assisted Housing Program (EAHP) helps Long Island employers attract and retain employees by providing housing assistance. Participating employers contribute $3,000-$10,000 per employee, which LIHP matches with public funding. Contributions can be structured as grants, forgivable loans, deferred/repayment loans, matched savings, and/or rate buy-downs. Open to employees earning up to 120% of AMI buying a single-family home, condo, or co-op in Nassau or Suffolk County.
• Down payment and home improvement assistance combining employer contributions ($3,000-$10,000) with matching public funds.
• Funding comes from Participating employer contributions matched with public funding.

How much assistance does it provide?

Long Island Housing Partnership Employer Assisted Housing Program (EAHP) offers between $3,000 and $10,000 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 — Long Island Housing Partnership, Inc. (LIHP) determines any individual award.

Do you have to pay it back?

Long Island Housing Partnership Employer Assisted Housing Program (EAHP) is a forgivable loan, so the balance is forgiven once the program's conditions are met.

• Repayment is triggered by Varies by employer; structures include grants, forgivable loans, deferred/repayment loans, matched savings, and/or rate buy-downs.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Long Island Housing Partnership Employer Assisted Housing Program (EAHP) is open to buyers who will live in the home as their primary residence.

What are the income limits?

Long Island Housing Partnership Employer Assisted Housing Program (EAHP) limits household income to 120% of the area median income, which varies by county and household size.

• Clients can earn up to 120% of Area Median Income by household size (Nassau/Suffolk AMI).
• 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?

Long Island Housing Partnership Employer Assisted Housing Program (EAHP) can be used for Single Family, Condo, and Co-op.

• New construction is not eligible.

Is there eligibility for specific groups?

Long Island Housing Partnership Employer Assisted Housing Program (EAHP) is limited to employees of Must work for a participating employer (LIHP has partnered with 120+ Long Island employers including hospitals, universities, manufacturers; e.g., Brookhaven National Laboratory, Adelphi University).

• 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?

Long Island Housing Partnership Employer Assisted Housing Program (EAHP) serves buyers purchasing in Suffolk County, New York.

How do you apply?

Applications for Long Island Housing Partnership Employer Assisted Housing Program (EAHP) go through Long Island Housing Partnership, Inc. (LIHP), 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 LIHP (HUD-certified counseling agency); pre-purchase mortgage counseling.

2. 2

   Contact Long Island Housing Partnership, Inc. (LIHP) 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.