NYS HOME First-Time Homebuyer Program

NYS Division of Housing and Community Renewal

Available Down Payment

About This Program

NYS HOME First-Time Homebuyer Program is available in Monsey, NY.

Federal HOME funds administered by New York State for first-time homebuyer assistance. Provides forgivable loans to help with down payment and closing costs for low-income buyers. Administered through local municipalities and housing authorities.

Maximum down payment assistance loan available through program

Official source site checked live on 2026-06-22.

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

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

Key Details

  • Forgivable loan up to $40,000
  • For first-time homebuyers
  • Income at or below 80% area median
  • Covers down payment and closing costs
  • Contact local administrator for details

How to Apply

A grant-savvy contractor in Monsey, 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: Contact local administrator

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 NYS HOME First-Time Homebuyer Program provide in Monsey, NY?

Up to $40,000 down payment loan.

Who qualifies for NYS HOME First-Time Homebuyer Program in Monsey?

NYS HOME First-Time Homebuyer Program is available in Monsey, NY. It prioritizes low-income households.

How do I apply for NYS HOME First-Time Homebuyer Program in Monsey, NY?

Apply directly with NYS Division of Housing and Community Renewal using the official program link on this page or call (866) 275-3427. 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 Monsey, NY

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

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