Suffolk County First-Time Homebuyer Program

Suffolk County Department of Economic Development and Planning

Waitlist Down Payment

About This Program

Forgivable loan to assist first-time homebuyers with down payment and closing costs for purchase of a primary residence in Suffolk County. Loan is forgiven after 5 years. Income and purchase price limits apply.

Forgivable loan, no repayment if home occupied as primary residence for 5 years

Key Details

  • Up to $15,000 for down payment and closing costs
  • For first-time homebuyers in Suffolk County
  • Income at or below 120% AMI required
  • Forgiven after 5 years of owner-occupancy
  • Currently waitlisted, check for reopening

How to Apply

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

Deadline: Applications currently paused, 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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