Brookhaven HOME Down Payment Assistance Program

Brookhaven HOME Down Payment Assistance Program est un prêt annulable pour les futurs propriétaires de Brookhaven, New York. The Town of Brookhaven HOME Down Payment Assistance Program provides eligible first-time homebuyers with up to $50,000 in zero-interest deferred-payment down payment and closing-cost assistance toward the purchase of a new or existing single-family home within the Town of Brookhaven (Suffolk County). Administered by the Long Island Housing Partnership (LIHP) under contract with the Town of Brookhaven, the program is funded through HUD HOME federal funds passed through the Town. Grant recipients must occupy the home as principal residence for a minimum of 10 years (15 years for higher tiers); during the affordability period, the loan is forgiven so long as compliance is maintained. Annual monitoring affidavits are mailed to recipients. Funds are first-come, first-served until exhausted. Maximum purchase price $551,000 reflects the Long Island market. Up to $50,000 in zero-interest deferred-payment HOME down payment / closing-cost assistance toward the purchase of an eligible new or existing single-family home in the Town of Brookhaven. Funds are essentially a deferred-payment, non-interest-bearing forgivable loan that is forgiven if the buyer remains in the home as principal residence for the 10-15 year affordability period. Maximum eligible purchase price $551,000 (reflective of Suffolk County / Long Island market). Le financement provient de HOME, Federal et Local Government.

Brookhaven HOME Down Payment Assistance Program est annulé après 10 ans : un futur propriétaire qui reste aussi longtemps n’a rien à rembourser. Le remboursement est déclenché par Zero-interest deferred-payment forgivable loan et no payments due unless the home is sold, transferred, refinanced with cash-out, or no longer occupied as primary residence during the 10-15-year affordability period - in which case the unforgiven balance is repaid in full to the Town of Brookhaven. After the affordability period, no further obligation. L’aide est inscrite au rang suivant : 2. Les conditions d’annulation et de remboursement sont fixées par le programme et peuvent changer — vérifiez-les sur la page officielle du programme avant de déposer une demande.

Brookhaven HOME Down Payment Assistance Program est ouvert à les primo-accédants et les futurs propriétaires qui occuperont le logement comme résidence principale. « Primo-accédant » comporte ici des exceptions : Must not have owned any residential real estate in the previous 3 years (HUD HOME first-time homebuyer definition). Au sujet du crédit, le programme précise : Minimum 580 FICO; buyer must qualify for a first mortgage with adequate financial resources. Un cours pour futurs propriétaires est obligatoire, auprès de Long Island Housing Partnership (LIHP) - HUD-approved housing counseling agency; HUD-approved homebuyer education / pre-purchase counseling required prior to closing. Condition de résidence : Property must be located within the Town of Brookhaven (Suffolk County), NY, and be the buyer's primary residence for the 10-15-year affordability period; cannot be used as rental property. Citoyenneté ou statut d’immigration : U.S. citizen or eligible non-citizen permitted by underlying first-mortgage product and HUD HOME rules. Property must be an eligible new or existing single-family home located within the Town of Brookhaven (Suffolk County). Buyer must be a first-time homebuyer (no ownership of residential real estate in previous 3 years). Maximum eligible purchase price $551,000 (HUD HOME 95% rule for Suffolk). Household income limits: 1-person approximately $92,350 up to 8-person $174,150 (80% HUD AMI for Nassau-Suffolk MSA, varies by household size). Minimum 580 FICO; buyer must qualify for a first mortgage with adequate financial resources. Buyer must occupy the home as primary residence for 10 years (HUD HOME affordability period; some grant tiers extend to 15 years). Annual monitoring affidavit mailed to grant recipient; failure to comply triggers full repayment. Buyer cannot use property as rental or for any non-owner-occupied purpose. Funds are available first-come, first-served until exhausted. Additional layered funding from New York State Affordable Housing Corporation (AHC) may be available for qualified buyers.

Brookhaven HOME Down Payment Assistance Program plafonne le revenu du ménage à 80 % du revenu médian de la zone, qui varie selon le comté et la taille du ménage. Household income must be at or below 80% HUD Area Median Income for the Nassau-Suffolk HUD Metro FMR Area. 2025 80% AMI limits range approximately: 1-person $92,350; 2-person $105,550; 3-person $118,750; 4-person $131,900; 5-person $142,500; 6-person $153,050; 7-person $163,600; 8-person $174,150. Le plafond s’applique au revenu total du ménage, pas seulement à celui de l’emprunteur. Le programme indique une taille de ménage maximale de 8. Les chiffres du revenu médian de la zone sont publiés par HUD et mis à jour chaque année : consultez le tableau en vigueur pour le comté avant de vous fier à un chiffre.

Brookhaven HOME Down Payment Assistance Program plafonne le prix d’achat à $551,000. Les types de logements admissibles comprennent Single-family detached, Condominium et Townhouse. Les constructions neuves sont admissibles. Les maisons préfabriquées ne sont pas admissibles.

Brookhaven HOME Down Payment Assistance Program s’adresse aux futurs propriétaires qui achètent à Brookhaven, New York.

Les demandes pour Brookhaven HOME Down Payment Assistance Program passent par l’organisme gestionnaire, qui publie les conditions en vigueur et les étapes de la demande sur son propre site. Les fonds sont réservés par l’intermédiaire de First-come, first-served through the Long Island Housing Partnership (LIHP) until funding is exhausted. Applicants apply via LIHP's online portal at lihp.tfaforms.net/5103385 after completing intake and homebuyer education. Hey Prescott n’est pas un prêteur et n’accepte pas de demandes ; cette page décrit le programme pour qu’un futur propriétaire puisse en parler à un prêteur ou à un conseiller en logement.