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Find similar grantsFirst Time Homebuyer Grant Program (New York) is sponsored by Community Housing Innovations, Inc. (through New York State Affordable Housing Corporation). This program offers homeownership assistance to first-time homebuyers to cover down payment and/or closing costs plus rehabilitation expenses. It aims to make homeownership more accessible for low-income families.
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Homeownership Programs & Grants | Community Housing Innovations Comprehensive programs designed to help you achieve the dream of homeownership attend homebuyer orientations annually by the CHI’s certified homeownership counselors down-payment grant assistance information sessions and down payment grant assistance First Time Homebuyer Grant Program Community Housing Innovations, Inc., through the New York State Affordable Housing Corporation, is offering First-Time Homebuyers homeownership assistance to cover down payment and/or closing costs plus rehabilitation expenses.
Westchester, Nassau, Suffolk, and Dutchess counties Single-family homes, condominiums, and co-ops Minimum 3% of purchase price required Qualification Requirements First-Time Homebuyer Status. Meet the official definition requirements. Mortgage Qualification.
From a CHI Participating Lender. 3% Contribution. Documented savings, 401K, or gifts.
Homebuyer Orientation. Attend CHI’s free Grant Orientation. HUD Education Course.
Complete approved education requirements. Income Requirements. Below NY State maximum levels.
Register for Free Orientation 2025-2026 Maximum Gross Household Income for Nassau & Suffolk Counties Based on Family Size 2025-2026 Maximum Gross Household Income for Westchester County Based on Family Size 2025-2026 Maximum Gross Household Income for Dutchess County Based on Family Size Financial assistance for families affected by Hurricane Ida Renter Safe Housing Incentive (RSHI) Hurricane Ida Relief Program On September 1, 2021, Hurricane Ida struck New York, bringing record-breaking rainfall and catastrophic flooding across New York City, Long Island, and the Mid-Hudson region.
CHI created the RSHI Program to support affected renters with up to $50,000 in assistance Financial assistance to support individuals or families relocating into permanent, safe rental housing Financial assistance including down payment assistance to purchase permanent safe housing Financial assistance with moving costs into permanent and safe housing, either rental or homeownership Ready to apply for assistance?
intake@communityhousing. org Low Interest Down Payment Assistance Loan For NY first time homebuyers • Up to 20% of purchase price First-Time Homebuyer Requirements You have not owned a home in the last 3 years. The applicant, co-applicants, and non-borrowing spouses must also be first-time homebuyers Additional Requirements Include A Statement of 60 percent of the grant proceeds can be spent on acquisition items.
These costs may include down payment and/or closing costs A Statement of 40 percent of the grant proceeds must be spent on rehabilitation of the property. Proof of all rehab costs is electronically submitted by SONYMA The grant assistance is in the form of a forgivable (silent) lien which will be placed on the property.
After closing, the silent lien amount is a second mortgage lien The forgiveness of the lien will occur at a rate of 20% per year.
Therefore, at the end of year 5, the lien will be forgiven in its entirety Register for a First Time Homebuyer Orientation Download 2026 Grant Application From the beginning, CHI has been dedicated to ensuring our clients are homebuyers encouraged and well-educated consumers ready for a lifetime of homeownership.
Once closing is complete, CHI offers comprehensive post-purchase education to empower homeowners with essential skills for long-term success and stability. Our experienced counselors provide one-on-one guidance and support to help you navigate every step of the homebuying journey and maintain your home for life. Ready to Start Your Journey?
Contact our homeownership team today to learn more about our programs and get started on your path to homeownership intake@communityhousing. org
According to the current listing, eligibility includes: First-time homebuyers meeting specific income requirements (below NY State maximum levels, ranging from 60% to 110% AMI depending on grant amount) and able to contribute a minimum of 3% of the purchase price. Confirm the full requirements in the official notice before applying.
The current listing shows up to $60,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
First Time Homebuyer Grant Program (New York) is funded by Community Housing Innovations, Inc. (through New York State Affordable Housing Corporation). Verify program details on the funder's official page before applying.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
The Homeless Youth Program is a grant from the Illinois Department of Human Services that funds services for homeless and at-risk youth across Illinois. Administered through the Office of Community and Positive Youth Development, it supports nonprofit organizations delivering shelter, outreach, and support services to young people experiencing homelessness or housing instability. Eligible applicants are Illinois-based nonprofits with demonstrated capacity to serve youth. Awards range from $100,000 to $800,000 per year under CSFA number 444-80-0711. This is a FY 2026 funding opportunity with an application deadline of May 21, 2025.
Community Investment Tax Credit Program (CITC) is a grant from the Maryland Department of Housing and Community Development that provides state tax credit allocations to 501(c)(3) nonprofits, enabling them to attract private donations from individuals and businesses. Donors contributing $500 or more to approved projects receive tax credits equal to 50% of their contribution. The program has leveraged nearly $27 million in charitable contributions to approximately 700 projects statewide. Eligible project areas include education, housing, job training, arts and culture, economic development, and services for at-risk populations. Projects must be located in or serve residents of Maryland's Priority Funding Areas. The application period is typically held annually.
The May 29 OMB rewrite of 2 CFR Part 200 quietly rebuilds the pass-through entity compliance architecture. Proposed §200.332 strengthens subrecipient risk assessment, monitoring documentation, and remediation triggers. A new requirement mandates that every subaward be reported to SAM.gov with the reported records confirmed in performance reports — converting subaward administration from a back-office accounting function into a public-record certification regime. For the universities, state agencies, and national nonprofits that pass through more than half of their federal awards as subawards, the operational implication is a new compliance operating model that needs to be standing up by the October 1 effective date.
Read articleBuried in the May 29 OMB rewrite of 2 CFR Part 200 is the elimination of fixed-amount awards as a default grant instrument. Cost-reimbursement reverts to the standard. Here is what the change costs community-based nonprofits, pass-through subaward portfolios, SBIR Phase II direct-to-award structures, and the grant offices that have built workflows around milestone payments — and the comment-and-renegotiation strategy that has six weeks to land before July 13.
Read articleCDBG, HOME, HOPWA, Choice Neighborhoods, and the Continuum of Care — all proposed for elimination. Work requirements for voucher holders. A 60-month time limit on assistance. The definitive analysis for housing organizations navigating the most aggressive HUD budget in history.
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