Because there are downpayment assistance program which require
the home seller to contribute the downpayment amount to the
homebuyer, some home sellers may falsely inflate the asking price of
their homes in order to compensate for the contributed amount of
money. This may result in the homebuyer paying more than the market
value for the house.
When utilizing a downpayment assistance program your real estate
agent should properly determine a fair price for the home and protect
you against an inflated home price.
Below are a few downpayment programs but keep in mind due to
funding, some programs may not be currently functioning.
Nebraska DownPayment Assistance Programs:
Douglas County Holy Name Housing Corporation, New Community
Development Corporation and Omaha Economic Development
Corporation, Focus Community Initiative Challenge Grant (GRANT) -
$3,000 (402) 451-2939 Grand Island Homeownership Opportunity
Program - $22,000
Hastings Southwood Subdivision Down Payment Assistance (DPA) -
$25,000 - (402) 461-4115
Lancaster County Affordable Homeownership Program (HOP) - $3,750
(402) 467-2371
Lincoln First Home Program (FHP) - $25,000 - (402) 477-7181
Multi Counties Blue Valley Community Action Inc Home-Ownership
Opportunity Program (HOP) - $10,000 - (402) 729-2278
Multi Counties Northeast Economic Development, Inc. Northeast
Regional Down Payment Assistance - Program (DPAP) - $20,000
(402) 379-1150
Multi Counties Northern Ponca Housing Authority Down Payment
Assistance Program (DAP) - $20,000 - (402) 379-8224
Norfolk Elkhorn Valley Community Development Corporation
Homeownership Opportunity Program (HOP) - $15,000 -
(402) 379-3311
Omaha Housing Authority Public Housing Homeownership Program
(PHHP) - $50,000 (402) 444-3215-
Nevada DownPayment Assistance Programs:
Clark County Neighborhood Housing Services of Southern Nevada Inc
Revolving Loan Fund (RLF) - $3,000 - (702) 649-0998
Clark County Neighborhood Housing Services of Southern Nevada,
Inc. First Home Down Payment - Assistance Program (DAP) - $10,000
(702) 649-0998
Henderson First Time Home Buyer Program (FTHB) - $30,000
(702) 565-2164
Multi Counties Western Nevada HOME Consortium Down Payment
Assistance (DPA) - $10,000 - (775) 883-7333
Rural Nevada Development Corporation Down Payment Assistance
Program (DPA) - $25,000 - (775) 289-8519
Washoe County Community Service Agency New Opportunities For
Homeownership Program (HOP) - $5,000 - (775) 786-6023
New Jersey DownPayment Assistance Programs:
Atlantic City Casino Reinvestment Development Authority (CRDA)
Brighter Tomorrow Home Loan Program - (HLP) 26,900
(609) 347-0500
Burlington County First Time Homebuyer Program (FTHP) - $3,500
(609) 265-5072
Camden First Time Homebuyers Program (FTHP) - $3,500
(856) 757-7284
East Orange Homebuyers Purchase Program (HPP) - $10,000
(973) 266-5416
Gloucester County Homebuyers Program (HP) - Hudson County First
Time Homebuyers Program (FTHP) - $20,000
(201) 875-5581
Jersey City, First Time Homebuyer Program - $25,000
(201) 547-4793
Monmouth County First Time Homebuyers Program (FTHP) - $10,000
(732) 431-7490
Ocean County First Time Homebuyer Program (FTHP) - $7,000 (732)
929-2054
Vineland Strategic Neighborhood Assistance Program/Urban
Coordinating Council Home Ownership - Assistance Program (HOAP)
$2,500 - (856) 563-5376
New Mexico DownPayment Assistance Programs:
Albuquerque Family Housing Development Program Soft Second Loan
(SSL) - $25,000 - (505) 768-2836
Albuquerque United South Broadway Corporation Down
Payment/Closing Cost Grant Program - $3,000 - (505) 764-8867
Las Cruces Home Choice II Program (HCP) - $25,000 - (505) 528-1231
Southern New Mexico- Tierra Del Sol Housing Corporation - Federal
Home Loan Bank of Dallas Affordable - Housing Program (AHP)
$5,000 - (800) 362-2944
New York DownPayment Assistance Programs:
Albany Home Acquisition Program (HAP) - $15,000 - (518) 434-5273
Binghamton First Ward Action Council Affordable HOME Program
(AHP) - $10,000 - (607) 231-2850
Buffalo HomeFront Inc Down Payment & Closing Cost Assistance
Program (DPCC) - $5,000 - (716) 856-2952
Chautauqua County Federal Home Loan Bank of New York Affordable
Housing Program (AHP) - $25,000 - (716) 841-1603
Chemung, Schuyler & Steuben Counties - Tri County Housing Council
HOME Program - $12,100 - (607) 562-2477
Glens Falls First Time Homebuyer Program (FTHB) - $25,000
(518) 761-3833
Hamburg Hometown Housing Program Existing Home - $10,000
(716) 648-6216
Multi Counties Bishop Sheen Ecumenical Housing Foundation Inc First
Time Homebuyer HOME Program - (FTHHP) $12,480 - (716) 461-4263
Multi Townships M-ARK Project Inc First Time Homebuyers Program
(FTHB) - $15,000 - (845) 586-3500
New York Bishop Sheen Ecumenical Housing Foundation Home
Ownership Loan Program - $3,000 -(716) 461-4263
Rochester Home Expo Program (HOME) - $22,500 - (716) 325-4663
Rochester Home Purchase Assistance Program (HPAP) - $5,000
(716) 325-4663
Rochester, HOME Rochester (HR) - $25,000 (716) 325-4663
Suffolk County First Time Home Buyers Down Payment Assistance
Program (DPAP) - $10,000 - (516) 853-5705
Syracuse University Neighborhood Preservation Association Mortgage
Assistance Program (MAP) - $3,000 - (315) 476-5228
Ulster County Rural Ulster Preservation Company Direct
Homeownership Assistance Program (DHAP) - $15,000
(845) 331-2140
Yates County Keuka Housing Council Inc Home Ownership Program
(HOP) - $12,000 - (315) 536-8707
Yates County New Construction Program (NCP) - $25,000 (315)
536-870
New York City "HomeFirst DownPayment Assistance Program":
Qualified buyers can get up to 6% of a home's purchase price toward
the down payment or closing costs. This can be on a 1-4 family home,
a condominium, or a cooperative in one of the 5 boroughs of New York
City.
the home seller to contribute the downpayment amount to the
homebuyer, some home sellers may falsely inflate the asking price of
their homes in order to compensate for the contributed amount of
money. This may result in the homebuyer paying more than the market
value for the house.
When utilizing a downpayment assistance program your real estate
agent should properly determine a fair price for the home and protect
you against an inflated home price.
Below are a few downpayment programs but keep in mind due to
funding, some programs may not be currently functioning.
Nebraska DownPayment Assistance Programs:
Douglas County Holy Name Housing Corporation, New Community
Development Corporation and Omaha Economic Development
Corporation, Focus Community Initiative Challenge Grant (GRANT) -
$3,000 (402) 451-2939 Grand Island Homeownership Opportunity
Program - $22,000
Hastings Southwood Subdivision Down Payment Assistance (DPA) -
$25,000 - (402) 461-4115
Lancaster County Affordable Homeownership Program (HOP) - $3,750
(402) 467-2371
Lincoln First Home Program (FHP) - $25,000 - (402) 477-7181
Multi Counties Blue Valley Community Action Inc Home-Ownership
Opportunity Program (HOP) - $10,000 - (402) 729-2278
Multi Counties Northeast Economic Development, Inc. Northeast
Regional Down Payment Assistance - Program (DPAP) - $20,000
(402) 379-1150
Multi Counties Northern Ponca Housing Authority Down Payment
Assistance Program (DAP) - $20,000 - (402) 379-8224
Norfolk Elkhorn Valley Community Development Corporation
Homeownership Opportunity Program (HOP) - $15,000 -
(402) 379-3311
Omaha Housing Authority Public Housing Homeownership Program
(PHHP) - $50,000 (402) 444-3215-
Nevada DownPayment Assistance Programs:
Clark County Neighborhood Housing Services of Southern Nevada Inc
Revolving Loan Fund (RLF) - $3,000 - (702) 649-0998
Clark County Neighborhood Housing Services of Southern Nevada,
Inc. First Home Down Payment - Assistance Program (DAP) - $10,000
(702) 649-0998
Henderson First Time Home Buyer Program (FTHB) - $30,000
(702) 565-2164
Multi Counties Western Nevada HOME Consortium Down Payment
Assistance (DPA) - $10,000 - (775) 883-7333
Rural Nevada Development Corporation Down Payment Assistance
Program (DPA) - $25,000 - (775) 289-8519
Washoe County Community Service Agency New Opportunities For
Homeownership Program (HOP) - $5,000 - (775) 786-6023
New Jersey DownPayment Assistance Programs:
Atlantic City Casino Reinvestment Development Authority (CRDA)
Brighter Tomorrow Home Loan Program - (HLP) 26,900
(609) 347-0500
Burlington County First Time Homebuyer Program (FTHP) - $3,500
(609) 265-5072
Camden First Time Homebuyers Program (FTHP) - $3,500
(856) 757-7284
East Orange Homebuyers Purchase Program (HPP) - $10,000
(973) 266-5416
Gloucester County Homebuyers Program (HP) - Hudson County First
Time Homebuyers Program (FTHP) - $20,000
(201) 875-5581
Jersey City, First Time Homebuyer Program - $25,000
(201) 547-4793
Monmouth County First Time Homebuyers Program (FTHP) - $10,000
(732) 431-7490
Ocean County First Time Homebuyer Program (FTHP) - $7,000 (732)
929-2054
Vineland Strategic Neighborhood Assistance Program/Urban
Coordinating Council Home Ownership - Assistance Program (HOAP)
$2,500 - (856) 563-5376
New Mexico DownPayment Assistance Programs:
Albuquerque Family Housing Development Program Soft Second Loan
(SSL) - $25,000 - (505) 768-2836
Albuquerque United South Broadway Corporation Down
Payment/Closing Cost Grant Program - $3,000 - (505) 764-8867
Las Cruces Home Choice II Program (HCP) - $25,000 - (505) 528-1231
Southern New Mexico- Tierra Del Sol Housing Corporation - Federal
Home Loan Bank of Dallas Affordable - Housing Program (AHP)
$5,000 - (800) 362-2944
New York DownPayment Assistance Programs:
Albany Home Acquisition Program (HAP) - $15,000 - (518) 434-5273
Binghamton First Ward Action Council Affordable HOME Program
(AHP) - $10,000 - (607) 231-2850
Buffalo HomeFront Inc Down Payment & Closing Cost Assistance
Program (DPCC) - $5,000 - (716) 856-2952
Chautauqua County Federal Home Loan Bank of New York Affordable
Housing Program (AHP) - $25,000 - (716) 841-1603
Chemung, Schuyler & Steuben Counties - Tri County Housing Council
HOME Program - $12,100 - (607) 562-2477
Glens Falls First Time Homebuyer Program (FTHB) - $25,000
(518) 761-3833
Hamburg Hometown Housing Program Existing Home - $10,000
(716) 648-6216
Multi Counties Bishop Sheen Ecumenical Housing Foundation Inc First
Time Homebuyer HOME Program - (FTHHP) $12,480 - (716) 461-4263
Multi Townships M-ARK Project Inc First Time Homebuyers Program
(FTHB) - $15,000 - (845) 586-3500
New York Bishop Sheen Ecumenical Housing Foundation Home
Ownership Loan Program - $3,000 -(716) 461-4263
Rochester Home Expo Program (HOME) - $22,500 - (716) 325-4663
Rochester Home Purchase Assistance Program (HPAP) - $5,000
(716) 325-4663
Rochester, HOME Rochester (HR) - $25,000 (716) 325-4663
Suffolk County First Time Home Buyers Down Payment Assistance
Program (DPAP) - $10,000 - (516) 853-5705
Syracuse University Neighborhood Preservation Association Mortgage
Assistance Program (MAP) - $3,000 - (315) 476-5228
Ulster County Rural Ulster Preservation Company Direct
Homeownership Assistance Program (DHAP) - $15,000
(845) 331-2140
Yates County Keuka Housing Council Inc Home Ownership Program
(HOP) - $12,000 - (315) 536-8707
Yates County New Construction Program (NCP) - $25,000 (315)
536-870
New York City "HomeFirst DownPayment Assistance Program":
Qualified buyers can get up to 6% of a home's purchase price toward
the down payment or closing costs. This can be on a 1-4 family home,
a condominium, or a cooperative in one of the 5 boroughs of New York
City.
Bronx
NHS of the North Bronx
1178 East Gun Hill Road
Bronx, NY 10469
Tel: (718) 881-1180 x202
NHS of the South Bronx
Concourse Plaza
200 East 161st Street
Bronx, NY 10451
Tel: (718) 992-5979
Brooklyn
ACORN Housing Corporation
2-4 Nevins Street, 2nd Floor
Brooklyn, NY 11217
Tel: (718) 246-8080
Cypress Hills Local Development
Corporation
3214 Fulton Street
Brooklyn, NY 11208
Tel: (718) 647-8100
NHS of Bedford Stuyvesant
1012 Gates Avenue
Brooklyn, NY 11221
Tel: (718) 919-2100
NHS of East Flatbush
2806 Church Ave
Brooklyn, NY 11226
Tel: (718) 469-4679
Pratt Area Community Council
201 DeKalb Avenue
Brooklyn, NY 11205
Tel: (718) 522-2613
NHS of the North Bronx
1178 East Gun Hill Road
Bronx, NY 10469
Tel: (718) 881-1180 x202
NHS of the South Bronx
Concourse Plaza
200 East 161st Street
Bronx, NY 10451
Tel: (718) 992-5979
Brooklyn
ACORN Housing Corporation
2-4 Nevins Street, 2nd Floor
Brooklyn, NY 11217
Tel: (718) 246-8080
Cypress Hills Local Development
Corporation
3214 Fulton Street
Brooklyn, NY 11208
Tel: (718) 647-8100
NHS of Bedford Stuyvesant
1012 Gates Avenue
Brooklyn, NY 11221
Tel: (718) 919-2100
NHS of East Flatbush
2806 Church Ave
Brooklyn, NY 11226
Tel: (718) 469-4679
Pratt Area Community Council
201 DeKalb Avenue
Brooklyn, NY 11205
Tel: (718) 522-2613
Neighbors Helping Neighbors
443 39th Street, Suite 202
Brooklyn, NY 11232
Tel: (718) 686-7946
Manhattan Abyssinian
Development Corporation
4 West 125th Street
New York, NY 10027
Tel: (212) 368-4471
Asian Americans For Equality
111 Division Street
New York, NY 10002
Tel: (212) 964-2288
Queens
NHS of Jamaica
89-70 162nd Street
Jamaica, NY 11432
Tel: (718) 291-7400 x13
NHS of Northern Queens
60-20 Woodside Avenue, 2nd Floor
Woodside, NY 11377
Tel: (718) 457-1017
Staten Island
NHS of Staten Island
West Brighton
1205 Castleton Avenue
Staten Island, NY 10310
Tel: (718) 442-8080
Northfield Community Local
Development Corporation
160 Heberton Avenue
Staten Island, NY 10302
(718) 442-7351
443 39th Street, Suite 202
Brooklyn, NY 11232
Tel: (718) 686-7946
Manhattan Abyssinian
Development Corporation
4 West 125th Street
New York, NY 10027
Tel: (212) 368-4471
Asian Americans For Equality
111 Division Street
New York, NY 10002
Tel: (212) 964-2288
Queens
NHS of Jamaica
89-70 162nd Street
Jamaica, NY 11432
Tel: (718) 291-7400 x13
NHS of Northern Queens
60-20 Woodside Avenue, 2nd Floor
Woodside, NY 11377
Tel: (718) 457-1017
Staten Island
NHS of Staten Island
West Brighton
1205 Castleton Avenue
Staten Island, NY 10310
Tel: (718) 442-8080
Northfield Community Local
Development Corporation
160 Heberton Avenue
Staten Island, NY 10302
(718) 442-7351
| Copyright RebuildCreditScores 2010 All Rights Reserved |
Links
DownPayment Assistance Programs:
Nebraska through New York
by www.rebuildcreditscores.com
Nebraska through New York
by www.rebuildcreditscores.com
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