City of Binghamton Department of Planning, Housing and Community Development
Up to $10,000 toward a down payment in NY.
The City of Binghamton provides first-time homebuyers with deferred loans to assist with down payment and closing costs. Loans are made in amounts up to $10,000. If title is sold/transferred within 5 years or the home is no longer the owner's principal residence, 100% of the loan becomes due; after 5 years the loan is forgiven in full. All participants must complete the First-Time Homebuyer pre-purchase education course through the Binghamton Homeownership Academy.
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
A short, free course on City of Binghamton First-Time Homebuyer Program: what it is, who it is for, when it is repaid, where it applies and how to apply. Based on program data from July 2026. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.