New York Down Payment Assistance

The American Dream Down Payment Act is a down payment assistance initiative that allows grants to be given to participating jurisdictions to assist low-to-mid-income families and uniformed employees such as, policemen, firemen, sanitation, maintenance workers, and teachers who are employees of the participating state to achieve homeownership.

Grants made available under this initiative may be used only for down payment assistance toward the purchase of single family housing by eligible families. The allocation formula for the grant amounts are done by considering the state of New York or the participating jurisdiction's prior year's commitment to assistance to homebuyers, the formula shall consider amounts committed to such purpose under the home investment partnerships program, the community development block grant program, mortgage revenue bonds, and prior year's funding from State and local governments, provided that the data underlying such funding is uniform, verifiable, and accurate by the State and local government, and shall consider other factors that the Secretary determines to be appropriate.

Are you eligable for the New York State Down Payment Assistance Program?

Fill out our Down Payment Assistance Application for a free consultation.

State Representatives & Participating Jurisdictions
View Official White House Documents & Press Releases.	View a copy of HR1276: The American Dream Downpayment Act	List your program with our National Down Payment Assistance Directory.

National Down Payment Assistance Resources:

	Federal Housing Credit Housing Assistance links and information, Good credit or low credit mortgage information, Credit repair and Foreclosure Guides.
	FHA - GRANTS Directory from Google to FHA Housing Grants
	FHA - Home Mortgage - Fast Approval Fast approval process for FHA loans - FHA Grants are also available - low down payment or no down payment assistance FHA Home Loans
	FHA Home Loans FHA Home Loans and Lenders with the best rates. Information on $8,000 Federal Housing Tax Credit.
	FREE Credit Reports - See ALL 3 National Scores Online FREE See All 3 National Credit Scores & 3 Reports Instantly, Online & Free!
	Lowst Rates on FHA loans - Lending Tree Lending Tree FHA Loan Guide - Get the best rates for you FHA loan with Lending Tree.
	Refinance FHA Loans Information about the various refinance options for FHA mortgages and FHA Reverse Mortgages
	Down Payment Grant Money A directory of links and services for first time home buyers, real estate, down payment assistance, mortgages, american dream
	FHA Down Payment Assistance Down Payment Assistance Information for FHA Loans. HUD and FHA Rural links. Foreclosure - Governement Forclosure assistance information.
	FHA Down Payment Assistance Guide to FHA Down Payment Assistance programs. Housing Assistance and Foreclosure information. Stop Forclosures and Foreclosure Real Estate
	Opening Doors - A Housing Initiative for the Disability Community Opening Doors is a housing initiative designed to provide information and technical assistance on affordable housing issues to people with disabilities, their families, advocates, and service providers across the United States.
	Zero Down Grants Down Payment Assistance Closing Cost Assistance Nationwide down payment assistance programs Housing assistance closing cost assistance
	Zero Down Mortgage Guide Usefull guide to lenders that provide low interest rates, zero down payment, down payment assistance programs. Home loans for bad credit, and a national real estates search tool. Forclosure listings and Free credit reports

New York Down Payment Assistance Resources:

	New York - Neighbors Helping Neighbors - Down Payment and Closing Cost Assistance The First Home Clubsm provides down payment and closing costs assistance by granting three dollars ($3) in matching funds for each dollar ($1) saved in a dedicated savings account with a participating bank
	New York City Neighborhood Hoousing Services - Downpayment and Closing Cost Assistance Loans and Grants Homeownership Lending, including: First-Time Mortgage Loans; and Downpayment and Closing Cost Assistance Loans and Grants
	State of New York Mortgage Agency - Closing Cost Assistance Program - Down Payment The SONYMA Closing Cost Assistance Loan will be forgiven after 10 years. All or a portion of the SONYMA Closing Cost Assistance Loan may be required to be repaid or "recaptured" if the SONYMA mortgage loan is paid in full within 10 years of purchasing you

New York Realtors By City:

	Albany		Albia		Amherst		Ardsley
	Astoria		Bay Shore		Baychester		Beacon
	Bedford		Binghamton		Bloomington		Blue Point
	Boulevard		Brentwood		Brewster		Briarwood
	Bridgehampton		Brightwaters		Bronxville		Brooklyn
	Brunswick		Buffalo		Cedarhurst		Center Brunswick
	Centerport		Cheektowaga		Chester		Clifton Park
	Clifton Springs		Cooper		Cornwallville		Corona
	Crotona Park		Dunkirk		Eagle Mills		East Elmhurst
	Eastchester		Elmhurst		Elmira		Elmsford
	Esplanade		Far Rockaway		Flushing		Forest Hills
	Fort Edward		Fort Salonga		Fredonia		Garnerville
	Glens Falls		Goshen		Greenwood Lake		Harrison
	Hartsdale		Haverstraw		Hawthorne		Hillburn
	Hopewell Junction		Hudson Falls		Huntington		Inwood
	Jamaica		Jamestown		Kingston		Lake George
	Lakeville		Larchmont		Leicester		Long Island City
	Malverne		Mamaroneck		Manhattan		Middletown
	Monroe		Montgomery		Mount Marion		Mount Vernon
	Nanuet		Napanoch		New City		New Hampton
	New Paltz		New York		Newburgh		Northport
	Nyack		Oakfield		Ocean Beach		Ossining
	Otisville		Pawling		Pearl River		Peekskill
	Pelham		Phelps		Phoenicia		Piermont
	Plainview		Pomona		Port Jervis		Poughkeepsie
	Queensbury		Red Creek		Ridgewood		Rifton
	Rochester		Rye		Salamanca		Saratoga Springs
	Scarsdale		Schenectady		Scottsville		Shandaken
	Shelter Island Heights		Sloatsburg		Southampton		Staten Island
	Stone Ridge		Stony Point		Suffern		Tarrytown
	Troy		Valley Cottage		Walden		Wappingers Falls
	Warwick		Wawarsing		West Haverstraw		West Nyack
	Westfield		White Plains		Woodmere		Yaphank
	Yonkers		Yorktown Heights