A new initiative to offer eligible, first-time, low- and moderate-income homebuyers down payment assistance in purchasing an owner-occupied, single family residence.
Whether you live here, work here, or are from here, the City of New Rochelle has expanded its Down Payment Assistance Program (DPAP) to open the door to home ownership for eligible first-time, low and moderate income buyers by providing down payment assistance toward the purchase of an owner occupied, single family home.
If you are a first-time homebuyer seeking to purchase a home within the City of New Rochelle, you may be eligible for the City’s First-Time Home Buyer’s Down Payment Assistance Program (DPAP). The program provides eligible and approved applicants with up to 19 percent of the purchase price of a single-family home, depending on the qualifications of the homebuyer, to be applied toward the down payment on a new home. The program is funded through a combination of local and federal sources, including the United States Department of Housing and Urban Development’s HOME Program and the City’s Affordable Housing Fund.
The program has been expanded to include not only New Rochelle residents, but also:
• Individuals who do not currently live in New Rochelle but have worked in the city here for at least two years
• Owners of businesses operating within the City of New Rochelle
• Former New Rochelle residents who previously lived here for at least two years
To be eligible, you must be one of the following:
• Current New Rochelle Resident (minimum of 12 months permanent residency)
- OR -
• Eligible member of the workforce of New Rochelle (certified that you are employed in a full-time role that requires you to report to a work location based within the City of New Rochelle or owner of a business within the City of New Rochelle
- OR -
• Former New Rochelle Resident (lived in New Rochelle for at least 2 years as evidenced by verifiable proof of prior residence). Proof of residency may include tax returns, utility bills, bank or credit card statements, and/or school transcripts
See all other additional requirements in the Program Guidelines and Fact Sheet documents below.
Apply to the First-Time Home Buyer Down Payment Assistance Program.
Instructions:
1. Download the Application below and fill out
2. Collect all documents required to support the application
3. Mail or drop the application together with documents at:
Westchester Residential Opportunities
470 Mamaroneck Avenue, Suite 410
White Plains, NY 10605
914-428-4507
Please submit your questions about the program and application process via the following form:
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