2009 Suffolk County Down Payment Assistance Program

Suffolk County is offering down payment assistance for first time buyers!

Starting May 1, 2009, applications will be available from the Community Development office. First come, first serve, so if you qualify, make sure you get your application in. This program is available to first time buyers (or if you have not owned a home in the past 3 years), those who live or work in Suffolk County as of April 1, 2009, and who meet the income guidelines.

There are guidelines for income, the property being purchased, and the area of the home. However, what a great program for those who qualify! This program will assist in 75% of the down payment, up to $14,000.

Home must be located in the Suffolk County HOME Consortium area. Homes located in the Town of Islip and Town of Babylon are not part of this program.

The appraised value of the home to be purchased may not exceed $380,000.