LI Housing Partnership: Down Payment Programs

FORECLOSED HOMES

This Program is currently closed.

 

The Long Island Housing Partnership has grants available for first-time homebuyers seeking to purchase foreclosed homes in Nassau and Suffolk Counties as part of the Community Stabilization Program. Grants can be used for down payment.

 

You are welcome to come in for a free mortgage counseling session to see how much of a home you can afford and find out if there are any other incentives available to you. Visit the mortgage counseling section of this website or call for more information.

 

The Community Stabilization Program is made possible in part by:

ALL GRANTS ARE SUBJECT TO FUNDING AVAILABILITY

NASSAU COUNTY

This Program is currently closed.

 

The Nassau County Down Payment Assistance Program will provide eligible first time homebuyers with up to $25,000 towards down payment/closing costs towards the purchase of an eligible new or existing single-family home, provided that the applicant puts a minimum down payment of at least $5,000.  The applicant must also be able to satisfy the mortgage lender’s minimum down payment requirements and be able to secure a mortgage. Homeowners are required to reside in the home for a minimum of 10 years or HUD will require a full repayment of the grant.

 

You are welcome to come in for a free mortgage counseling session to see how much of a home you can afford and find out if there are any other incentives available to you. Visit the mortgage counseling section of this website or call for more information.

Fair Housing Laws will be followed.

ALL GRANTS ARE SUBJECT TO FUNDING AVAILABILITY

The Nassau County Down Payment Assistance Program is made possible in part by:

SUFFOLK COUNTY

The Suffolk County Community Development Department has grants available for first-time homebuyers purchasing a home in the Towns of Brookhaven, East Hampton, Huntington, Riverhead, Shelter Island, Smithtown, Southampton and Southold. Grants can be used for down payment and closing costs.

 

For more information, please contact Suffolk County at 631-853-5705.

 

You are also welcome to come in for a free mortgage counseling session to see how much of a home you can afford and find out if there are any other incentives available to you. Visit the mortgage counseling section of the website or call 631-435-4710 for more information.

 

The Suffolk County Down Payment Assistance Program is made possible in part by:

ALL GRANTS ARE SUBJECT TO FUNDING AVAILABILITY

TOWN OF BABYLON

The Town of Babylon HOME Down Payment Assistance Program will provide eligible first time homebuyers with up to $20,000 towards down payment/closing costs towards the purchase of an eligible new or existing single-family home, provided that the applicant is income eligible and meets all program requirements. The applicant must also be able to satisfy the mortgage lender’s minimum down payment requirements and be able to secure a mortgage. Homeowners are required to reside in the home as their principle residence for a minimum of 10 years or HUD will require a full repayment of the HOME down payment assistance provided.

 

Applications are being accepted on a first come first served basis until funding has been exhausted.

 

For more information, call the Long Island Housing Partnership at (631)435-4710 and ask about the Babylon Town HOME Down Payment Assistance Program.

 

You are welcome to come in for a free mortgage counseling session to see how much of a home you can afford and find out if there are any other incentives available to you. Visit the mortgage counseling section of this website or call for more information.

DO NOT FAX OR EMAIL YOUR DOCUMENTS

You may upload your documents to us via a secure document transmittal form located on our website (www.lihp.org) under the “About Us” tab. Direct link for transmittal form: https://www.lihp.org/doctransmit.html
You may also mail your documents to us or deliver documents in person to:
Long Island Housing Partnership
180 Oser Avenue, Suite 800
Hauppauge, NY 11788
Attention: Town of Babylon Down Payment Assistance Program

The LIHP staff is available to assist with the application, and answer questions about eligibility requirements. We also provide free mortgage counseling. If you have any questions regarding the guidelines or need language assistance including translation and/or oral interpretation services, please call the Long Island Housing Partnership at (631) 435-4710 before applying.

Fair Housing Laws will be followed.

TO COMPLETE APPLICATION ONLINE:

TO PRINT APPLICATION FOR SUBMISSION BY MAIL:

ALL SUPPORTING DOCUMENTATION REQUIRED FOR EITHER METHOD OF COMPLETING APPLICATION:

(NOTE: These documents may be printed, completed, scanned & uploaded into your online Application)

Checklist of Required Documentation (required documents may be uploaded directly into application)

TO PRINT ADDITIONAL COPY OF GUIDELINES FOR YOUR RECORDS:

Villages and hamlets in the Town of Babylon include:

  • Amityville
  • North Amityville
  • Babylon
  • Copiague
  • Deer Park
  • East Farmingdale – Suffolk County
  • Lindenhurst
  • North Babylon
  • West Babylon
  • Wheatley Heights
  • Wyandanch

The Town of Babylon Down Payment Assistance Program is made possible in part by:

ALL GRANTS ARE SUBJECT TO FUNDING AVAILABILITY

TOWN OF BOOKHAVEN

The Town of Brookhaven HOME Down Payment Assistance Program will provide eligible first time homebuyers with up to $20,000 towards down payment/closing costs towards the purchase of an eligible new or existing single-family home, provided that the applicant is income eligible and meets all program requirements. The applicant must also be able to satisfy the mortgage lender’s minimum down payment requirements and be able to secure a mortgage. Homeowners are required to reside in the home as their principle residence for a minimum of 10 years or HUD will require a full repayment of the HOME down payment assistance provided.

 

Applications are being accepted on a first come first served basis until funding has been exhausted.

 

For more information, call the Long Island Housing Partnership at (631)435-4710 and ask about the Brookhaven Town HOME Down Payment Assistance Program.

 

You are welcome to come in for a free mortgage counseling session to see how much of a home you can afford and find out if there are any other incentives available to you. Visit the mortgage counseling section of this website or call for more information.

DO NOT FAX OR EMAIL YOUR DOCUMENTS

You may upload your documents to us via a secure document transmittal form located on our website (www.lihp.org) under the “About Us” tab. Direct link for transmittal form: https://www.lihp.org/doctransmit.html
You may also mail your documents to us or deliver documents in person to:
Long Island Housing Partnership
180 Oser Avenue, Suite 800
Hauppauge, NY 11788
Attention: Town of Babylon Down Payment Assistance Program

The LIHP staff is available to assist with the application, and answer questions about eligibility requirements. We also provide free mortgage counseling. If you have any questions regarding the guidelines or need language assistance including translation and/or oral interpretation services, please call the Long Island Housing Partnership at (631) 435-4710 before applying.

Fair Housing Laws will be followed.

TO COMPLETE APPLICATION ONLINE:

TO PRINT APPLICATION FOR SUBMISSION BY MAIL:

ALL SUPPORTING DOCUMENTATION REQUIRED FOR EITHER METHOD OF COMPLETING APPLICATION:

(NOTE: These documents may be printed, completed, scanned & uploaded into your online Application)

TO PRINT ADDITIONAL COPY OF GUIDELINES FOR YOUR RECORDS: