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

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers é um empréstimo perdoável para compradores de imóveis em Condado de Suffolk, New York, administrado por 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. Os recursos vêm 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 oferece até $30,000 de ajuda. Contribuição do comprador de imóvel: 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. O programa pode ser combinado com May be combined with other down payment assistance programs and homebuyer resources per the County's Additional Resources guide. Os valores são os máximos publicados pelo programa, não uma oferta — Suffolk County Office of Community Development (Department of Economic Development and Planning) define qualquer ajuda individual.

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers é perdoado após 10 anos, então o comprador de imóvel que permanecer esse tempo não o devolve. O reembolso é acionado por 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. A ajuda é registrada como ônus em posição second. As condições de perdão e reembolso são definidas pelo programa e podem mudar — confirme-as na página oficial do programa antes de se inscrever.

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers é aberto a compradores do primeiro imóvel e compradores de imóveis que vão morar no imóvel como residência principal. “Primeiro imóvel” tem exceções aqui: 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. É exigido um curso de educação para compradores de imóveis, por meio 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. Requisito de residência: 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 limita a renda familiar a 80% da renda mediana da região, que varia conforme o condado e o tamanho da família. 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.). O limite vale para a renda total da família, não só a do mutuário. Os valores da renda mediana da região são publicados pelo HUD e atualizados todo ano, então confira a tabela atual do condado antes de se basear em um número.

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers limita o preço de compra a $551,000. Os tipos de imóvel elegíveis incluem Single Family, Condo, Co-op e Manufactured. Construções novas são elegíveis. Casas pré-fabricadas são elegíveis.

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers cita veteranos entre os grupos que atende. Aparecer aqui significa que o programa menciona o grupo, não que fazer parte dele, por si só, qualifique um candidato — as demais regras de elegibilidade continuam valendo.

Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers atende compradores de imóveis que compram em Condado de Suffolk, New York.

As inscrições para Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers são feitas por meio de Suffolk County Office of Community Development (Department of Economic Development and Planning), que publica as condições atuais e as etapas da inscrição no próprio site. Os recursos são reservados por meio de First-come, first-served; Purchaser Certificates issued in order applications are received; waiting list established once available Certificates are exhausted. A Hey Prescott não é uma credora e não aceita inscrições; esta página descreve o programa para que um comprador de imóvel possa levá-lo a um credor ou a um conselheiro habitacional.