Long Island - Grants First Time Homebuyers
Income Requirements
You must meet the following income requirements, with household income not exceeding the following guidelines for each county listed below:
ELIGIBILITY REQUIREMENTS & RESTRICTIONS
You must meet the following income requirements, with household income not exceeding the following guidelines:
Nassau and Suffolk
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1
PERSON
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2
PERSON
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3
PERSON
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4
PERSON
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5
PERSON
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6
PERSON
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7
PERSON
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8
PERSON
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$51,960
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$68,240
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$65,520
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$72,800
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$78,624
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$84,448
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$90,272
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$96,096
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- All families must occupy the home as a principal residence for fifteen years.
- Section 8 applicants must hold a Section 8 Home Ownership Voucher issued by their local Housing Authority.
- Section 8 Rental Assistance Vouchers are not eligible for this program.
- All families must submit proof of income and assets with recent pay stubs, last two years of tax returns and other documentation.
- You will be required to attend a FREE homebuyer seminar and homebuyer counseling
- Your application will be processed on a first-come, first-served basis. If you meet eligibility requirements, we will assist you in qualifying for a mortgage with participating lenders.
TO APPLY FOR HOME OWNERSHIP ASSISTANCE
 Please visit the FREQUENTLY ASKED QUESTIONS ABOUT BUYING A NEW HOME for a list of procedures and to download a free application for home buying assistance.
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