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Town of East Hampton Office of Housing and Community Development

Town of East Hampton Community Housing Fund First-Time Homebuyer Down Payment Assistance Program

Up to $30,000 toward a down payment in NY.

See if I qualify
Location
NY
Type
Deferred loan
Max assistance
$30,000
First-time buyer
Required
Property types
Single family, Townhouse, Condo

Funded by the Town of East Hampton Community Housing Fund (a 0.5% real estate transfer tax approved by voters in 2022), the program offers eligible first-time homebuyers zero-interest, deferred-payment loans of up to $30,000 toward down payment and closing costs. The 2026 budget is $600,000, supporting up to 20 loans of $30,000 each. Loans are secured by a subordinate lien, require no monthly payments, and are repayable in full upon sale of the property.

Learn this program

Short reads on how it works, in plain language. Free, no sign-up needed to read.

Free course from Hey Prescott

Town of East Hampton Community Housing Fund First-Time Homebuyer Down Payment Assistance Program, explained

A short, free course on Town of East Hampton Community Housing Fund First-Time Homebuyer Down Payment Assistance 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

Read the course

Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.