Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers est un prêt annulable pour les futurs propriétaires de Suffolk County, New York, sous la gestion de Suffolk County Office of Community Development (Department of Economic Development and Planning). The Suffolk County HOME Consortium Down Payment Assistance Program provides eligible first-time homebuyers with up to $30,000 toward the down payment on an owner-occupied single-family residence (including condos, co-ops, and manufactured homes) within the Suffolk County HOME Consortium selection area. Funded with federal HUD HOME dollars, the assistance is a zero-interest deferred-payment loan secured by a subordinate Note & Mortgage that is forgiven after a 10-year affordability period, provided the home is not sold, transferred, or rented and remains the recipient's primary residence. The program does not fund closing costs. Up to $30,000 toward down payment. Zero-interest deferred loan. Fully forgivable after 10 years of owner-occupancy. First-time homebuyer requirement waived for honorably discharged veterans. Covers existing and new-construction homes. Includes condos, co-ops, and manufactured homes. Le financement provient de HUD HOME Investment Partnerships Program (federal) via the Suffolk County HOME Consortium.

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers offre jusqu’à $30,000 d’aide. Apport du futur propriétaire : Applicant must have a minimum of $3,000 of their own funds in the bank at the time of application; applicant's liquid assets cannot exceed the purchase price of the house. Le programme peut être combiné avec May be combined with other down payment assistance programs and homebuyer resources per the County's Additional Resources guide. Les montants sont les plafonds publiés par le programme, et non une offre — Suffolk County Office of Community Development (Department of Economic Development and Planning) décide de chaque aide individuelle.

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers est annulé après 10 ans : un futur propriétaire qui reste aussi longtemps n’a rien à rembourser. Le remboursement est déclenché par Sale, transfer, rental, foreclosure, or loss of owner-occupancy as primary residence during the 10-year affordability period; full repayment if found in violation of affordability restrictions. L’aide est inscrite au rang suivant : second. 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.

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers est ouvert à les primo-accédants et les futurs propriétaires qui occuperont le logement comme résidence principale. « Primo-accédant » comporte ici des exceptions : First-time homebuyer requirement (no homeownership in prior 3 years) is waived for U.S. military veterans possessing a DD-214 verifying honorable service/discharge. Un cours pour futurs propriétaires est obligatoire, auprès de One-on-one/in-person mortgage counseling at a HUD-certified not-for-profit housing agency; counseling certificate must be dated within 12 months of application; each individual named on the mortgage must attend. Condition de résidence : Must occupy and maintain the subject property as principal residence throughout the entire 10-year affordability period. STATUS NOTE: As of June 2026 the official program site (scdownpayment.com) states the program is CLOSED for applications, with the next funding round 'expected to open in Summer 2026.' Recurring, annually re-funded county program; this record reflects the most recent published 2024 cycle terms. Does NOT fund purchases in Towns of Babylon, Islip, or Brookhaven. Underwriting ratios: front-end DTI 38%, back-end TDTI 45%, LTV 95%. Purchaser Certificate valid 180 days to submit contract; 90 days to close (300 for new construction).

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers plafonne le revenu du ménage à 80 % du revenu médian de la zone, qui varie selon le comté et la taille du ménage. Gross annual household income may not exceed 80% of HUD area median income; 2024 limits by household size: 1-person $87,500; 2 $100,000; 3 $112,500; 4 $124,950; 5 $134,950; 6 $144,950; 7 $154,950; 8+ $164,950. Includes all income (overtime, bonuses, pensions, Social Security, 401-K distributions, tips, etc.). Le plafond s’applique au revenu total du ménage, pas seulement à celui de l’emprunteur. 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.

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers plafonne le prix d’achat à $551,000. Les types de logements admissibles comprennent Single Family, Condo, Co-op et Manufactured. Les constructions neuves sont admissibles. Les maisons préfabriquées sont admissibles.

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers cite les anciens combattants parmi les groupes qu’il sert. Être cité ici signifie que le programme mentionne ce groupe, et non que l’appartenance à ce groupe suffit à rendre un demandeur admissible — les autres règles d’admissibilité s’appliquent toujours.

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers s’adresse aux futurs propriétaires qui achètent à Suffolk County, New York.

Les demandes pour Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers passent par Suffolk County Office of Community Development (Department of Economic Development and Planning), 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; Purchaser Certificates issued in order applications are received; waiting list established once available Certificates are exhausted. 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.