Suffolk County Affordable Housing Fund First-Time Homebuyer

Suffolk County Department of Economic Development

Waitlist Down Payment

About This Program

Suffolk County Affordable Housing Fund First-Time Homebuyer is available in Babylon, NY.

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

Data last verified 2026-06-09. How we verify our data.

In Babylon, NY, you can combine this program with other local help to cut your cost:

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.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Currently waitlisted, check for reopening

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can Suffolk County Affordable Housing Fund First-Time Homebuyer provide in Babylon, NY?

Up to $15,000 down payment assistance.

How do I apply for Suffolk County Affordable Housing Fund First-Time Homebuyer in Babylon, NY?

Apply directly with Suffolk County Department of Economic Development using the official program link on this page or call (631) 853-4800. There is no middleman and no fee.

Need a Contractor for This Grant?

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

Find More Programs in Babylon, NY

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs