Westchester/Hudson Valley - Grants for First-Time Homebuyers

Grant Opportunities in Westchester

The Westchester Local Home Purchase Program offers up to $30,000 for acquisition in the form of additional down payment and/or closing cost assistance. Gross household income must be at or below 80% of Area Median Income Maximum Gross Household Income Requirements. The grant assistance is in the form of a deferred forgivable loan with no payments that declines over time. The owner must occupy the property for 10 years to avoid having to pay back any or all of the assistance. If the recipient were to move out of the property or sell, or in anyway violate the terms of his/her mortgage, then all or a portion of the assistance will have to be repaid. The purchase price limit for this grant for single family homes is $517,750 in Westchester County.

ELIGIBILITY REQUIREMENTS & RESTRICTIONS

Your household income must meet the following income requirements.
Click here to review the Income Requirements.

• You must agree to occupy the home as a principal residence.
• You will be required to submit proof of income with recent pay stubs and last two years tax returns and W-2 Forms.
• 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

If approval is granted, you will be contacted to come in for a one-on-one interview/counseling, if still eligible you will receive a grant certificate at that time or as indicated by the Grants Administrator.

Register to attend a free homebuyer seminar.
Download an Application in English. (pdf file)
Mail to:

Community Housing Innovations, Inc.
190 East Post Road Suite #401
White Plains, NY 10601
Phone: (914) 683-1010 ext. 101
Fax: (914) 683-6158