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

Ang Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers ay isang loan na mapapatawad para sa mga bibili ng bahay sa Suffolk County, New York, na pinangangasiwaan ng 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. Ang pondo ay mula sa HUD HOME Investment Partnerships Program (federal) via the Suffolk County HOME Consortium.

Nag-aalok ang Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers ng tulong na hanggang $30,000. Ambag ng bibili ng bahay: 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. Maaaring isama ang programa sa May be combined with other down payment assistance programs and homebuyer resources per the County's Additional Resources guide. Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang Suffolk County Office of Community Development (Department of Economic Development and Planning) ang nagpapasya sa anumang indibidwal na award.

Pinapatawad ang Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers pagkalipas ng 10 taon, kaya hindi na ito babayaran ng bibili ng bahay na mananatili nang ganoon katagal. Kailangang bayaran kapag may 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. Nakatala ang tulong bilang lien sa posisyong second. Ang mga tuntunin sa pagpapatawad at pagbabayad ay itinatakda ng programa at maaaring magbago — kumpirmahin ang mga ito sa opisyal na pahina ng programa bago mag-apply.

Bukas ang Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers sa mga unang beses na bibili ng bahay at mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. May mga eksepsiyon dito ang "unang beses": 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. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng 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. Requirement sa paninirahan: 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).

Nililimitahan ng Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers ang kita ng sambahayan sa 80% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. 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.). Nalalapat ang limit sa kabuuang kita ng sambahayan, hindi lang sa kita ng nanghihiram. Ang mga numero ng median na kita sa lugar ay inilalathala ng HUD at ina-update taun-taon, kaya tingnan ang kasalukuyang talahanayan para sa county bago umasa sa isang numero.

Nililimitahan ng Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers ang presyo ng pagbili sa $551,000. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single Family, Condo, Co-op, at Manufactured. Kwalipikado ang bagong gawang bahay. Kwalipikado ang mga manufactured home.

Binabanggit ng Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers ang mga beterano sa mga grupong pinaglilingkuran nito. Ang pagkakabanggit dito ay nangangahulugang binabanggit ng programa ang grupo, hindi na sapat na ang pagiging miyembro para maging kwalipikado ang isang aplikante — nalalapat pa rin ang iba pang patakaran sa eligibility.

Pinaglilingkuran ng Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers ang mga bibili ng bahay sa Suffolk County, New York.

Dumadaan sa Suffolk County Office of Community Development (Department of Economic Development and Planning) ang mga aplikasyon para sa Suffolk County HOME Consortium Down Payment Assistance Program for First-Time Homebuyers, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng First-come, first-served; Purchaser Certificates issued in order applications are received; waiting list established once available Certificates are exhausted. Ang Hey Prescott ay hindi nagpapautang at hindi tumatanggap ng aplikasyon; inilalarawan ng pahinang ito ang programa para madala ito ng bibili ng bahay sa isang lender o housing counselor.