Nassau County HOME Down Payment Assistance Program

Nassau County HOME Down Payment Assistance Program è un prestito condonabile per chi compra casa in contea di Nassau, New York, gestito da Long Island Housing Partnership, Inc. (LIHP), as agent for the Nassau County Office of Housing & Community Development. A HUD HOME-funded down payment and closing cost assistance program for first-time homebuyers purchasing an owner-occupied single-family home in Nassau County, NY. Provides up to $50,000 as a zero-interest deferred loan secured by a subordinate Note & Mortgage, forgiven after a 15-year affordability period. Administered by the Long Island Housing Partnership as agent for the Nassau County Office of Housing & Community Development. The program runs in annual cycles on a first-come, first-served basis until funding is exhausted. Up to $50,000 in down payment/closing cost assistance. Zero-interest deferred loan, fully forgiven after 15 years. Can be combined with SONYMA, NYS AHC, and Employer Assisted Housing programs. Free HUD-certified mortgage counseling through LIHP. Available for new or existing homes, condos, co-ops, townhouses, and manufactured homes. I fondi provengono da U.S. HUD HOME Investment Partnerships (HOME) Program funds, administered by Nassau County.

Nassau County HOME Down Payment Assistance Program offre un aiuto fino a $50,000. Contributo di chi compra casa: Minimum $5,000 of buyer's own funds/verifiable liquid assets (shown across 3 consecutive months at application); buyer must put at least 3% of purchase price down from own funds and cover all closing costs. Post-closing liquid assets capped at $61,550. Il programma può essere combinato con Most other assistance programs and mortgages (e.g., SONYMA, NYS AHC, Employer Assisted Housing Program); NOT other Nassau County HOME-funded programs. Gli importi sono i massimi pubblicati dal programma, non un'offerta: è Long Island Housing Partnership, Inc. (LIHP), as agent for the Nassau County Office of Housing & Community Development a stabilire l'eventuale importo per ciascuna persona.

Nassau County HOME Down Payment Assistance Program viene condonato dopo 15 anni, quindi chi resta nella casa per quel periodo non lo restituisce. Il rimborso scatta in caso di Sale, transfer, or ceasing to occupy as primary residence before the end of the 15-year affordability period; prorated recapture applies (100% in years 1-10, then declining 80%/60%/40%/20% in years 11-14, 0% after 15 years). L'aiuto è iscritto in posizione second. Le condizioni di condono e di rimborso sono fissate dal programma e possono cambiare: verificale sulla pagina ufficiale del programma prima di fare domanda.

Nassau County HOME Down Payment Assistance Program è aperto a chi compra la prima casa e chi compra casa e ci vivrà come residenza principale. Qui "prima casa" prevede delle eccezioni: May own vacant land or a vacation timeshare provided no mortgage-interest or property-tax deduction was taken in the prior 3 years. FTHB defined as not having owned a home in the 3-year period immediately prior to application. Sul credito, il programma afferma: Middle credit score of all borrowers from three national repositories must be at least 580 (higher may be required by lenders). No outstanding collections/judgments; bankruptcy discharged 3+ years; foreclosure/deed-in-lieu 3+ years old. È richiesto un corso per chi compra casa, tramite Long Island Housing Partnership (LIHP) pre-purchase mortgage counseling (HUD-certified; ~2 hours, free). A LIHP counseling certificate issued within the last 12 months may satisfy the requirement. Requisito di residenza: Must occupy as principal residence throughout the 15-year affordability period; annual notarized monitoring affidavit required. Cittadinanza o status migratorio: Each applicant must be a U.S. Citizen or Qualified non-Citizen (per 8 USC 1641, 42 USC 1436a, 24 CFR Part 5 Subpart E). ANNUAL CYCLE PROGRAM - application intake is currently CLOSED between cycles. The most recent (2025) cycle opened March 18, 2025 and closed June 18, 2025. As of June 2026 the next (2026) cycle had not yet opened; LIHP invites applicants to check back. Buyer cannot enter a purchase contract before receiving a Purchaser Certificate. A Nassau County representative attends all closings. The County's own webpage shows stale 2018 figures; this record relies on the current 2025 guidelines ($50,000 / $608,000 / 15-year term).

Nassau County HOME Down Payment Assistance Program limita il reddito familiare al 80% del reddito mediano dell'area, che varia in base alla contea e alla dimensione del nucleo familiare. Gross annual household income may not exceed 80% of HUD area median by household size (as of 9/2024): 1=$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 (OT, bonuses, pensions, SS, 401k distributions, tips). A minimum household income (historically ~$30,000) is also required. Il limite si applica al reddito totale del nucleo familiare, non solo a quello del richiedente del mutuo. Il programma indica una dimensione massima del nucleo familiare di 8. I dati sul reddito mediano dell'area sono pubblicati da HUD e aggiornati ogni anno, quindi controlla la tabella attuale della contea prima di basarti su una cifra.

Nassau County HOME Down Payment Assistance Program fissa un prezzo di acquisto massimo di $608,000. I tipi di immobile idonei includono Single Family, Townhouse, Condo, Co-op e Manufactured. Le nuove costruzioni sono idonee. Le case prefabbricate sono idonee.

Nassau County HOME Down Payment Assistance Program si rivolge a chi compra casa in contea di Nassau, New York.

Le domande per Nassau County HOME Down Payment Assistance Program passano da Long Island Housing Partnership, Inc. (LIHP), as agent for the Nassau County Office of Housing & Community Development, che pubblica sul proprio sito le condizioni attuali e i passaggi per fare domanda. I fondi vengono prenotati tramite First-come, first-served; applications accepted until 75 applicants are qualified eligible or the cycle deadline, whichever comes first. Purchaser Certificates issued in order received. Hey Prescott non è un istituto di credito e non accetta domande; questa pagina descrive il programma perché chi compra casa possa parlarne con un istituto di credito o un consulente abitativo.