Suffolk County Affordable Housing Fund First-Time Homebuyer

Suffolk County Department of Economic Development

Waitlist Down Payment

About This Program

Provides down payment and closing cost assistance to first-time homebuyers purchasing in Suffolk County. Deferred loan forgiven after 10 years of occupancy. Must complete homebuyer education course.

Deferred loan for down payment/closing costs, forgiven after 10 years

Key Details

  • Up to $15,000 for down payment and closing costs
  • First-time homebuyers only
  • Income at or below 80% AMI
  • Forgiven after 10 years of occupancy
  • Currently waitlisted

How to Apply

A grant-savvy contractor in Babylon, NY can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Currently waitlisted, check for reopening

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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