HomeFirst Down Payment Assistance Program (NY)
NYC Department of Housing Preservation and Development (HPD) · New York City, New York
| Assistance type | Forgivable loan — Forgiven if you meet the terms |
|---|---|
| Amount | Up to $100,000 |
| Income limit | Up to 120% of AMI (for example $183,240 for a household of 3) |
| Purchase price limit | Not verified on the official page — check the source |
| First-time buyer rule | Required |
| Status | Offered |
| Status note | Not verified on the official page — check the source |
| Details | For 1-4 family homes, condos or co-ops in the five boroughs. Buyer must live in the home for 10 years (loans up to $40,000) or 15 years (larger loans). |
| Official source | https://www.nyc.gov/site/hpd/services-and-information/homefirst-down-payment-assistance-pr (opens in new tab) |
| Last checked | Oct 21, 2026 (automated fetch) |
Go to the official program page ↗ Report a correction
Other New York programs
- SONYMA Down Payment Assistance Loan (DPAL) — Greater of $3,000 or 3% of the purchase price (up to $15,000)
- SONYMA DPAL PLUS 2026 — Up to $30,000