For Huntington residents wishing to purchase a home in the Town of Huntington, the Town has a great program for First-Time Homebuyers called the “Huntington American Dream Homebuyers Assistance Program” which matches funds for a down-payment. There are eligibility and income requirements and the purchase price of the home cannot exceed $396,150. For more information and to request an application contact the TOH Community Development Agency at 631-351-2881. Huntington American Dream Homebuyer Assistance Program.
Although it’s over for this year, there is a Suffolk County Down Payment Assistance Program for First-Time Homebuyers which will start up again next May. I’ll post information about that program next Spring.
The State of New York has several programs for First-Time Homebuyers which include such benefits as below-market interest rates, financing up to 97%, new construction incentives, financing for remodeling an existing home, programs for military veterans and more. All are designed to make the home purchase more affordable for low and moderate income families. The easiest way to see if you qualify for one of these SONYMA programs is to go to their website.
To find out more information about these homes, click on a photo.