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Own in Yonkers DPA application is now available

Published · Homebuyer update · By the DPA Finder editorial team

Yonkers, NY has posted the fillable application for its first-time homebuyer program, which offers up to 19% of the price as a 0% loan forgiven after five years.

The City of Yonkers, New York has posted the application for Own in Yonkers, its First-Time Homebuyer Down Payment Assistance Program run with Westchester Residential Opportunities (WRO), a HUD-approved housing counseling agency. The city had said the application would be released after its first information session on November 9, 2026, and the program site now offers a downloadable, fillable PDF.

Applying takes a few steps. Download and complete the PDF, print it and sign it, then gather the supporting documents on the application's checklist. Completed applications go to WRO by mail or in person only; the city says not to email the application or documents, and WRO cannot review incomplete applications. Downloading or filling out the PDF does not submit it.

The program terms have not changed. Eligible buyers can get up to 19% of the purchase price toward the down payment as a zero-interest, deferred loan with no monthly payments, forgiven after five years of program compliance. Closing costs are not covered, and awards are set through underwriting and depend on available funding. Household income must be at or below 120% of area median income, from $142,450 for one person to $203,550 for four. Buyers need a Yonkers connection, must put in at least 1% of the price, complete HUD-approved homebuyer counseling, and get program participation approval, which is valid for 90 days, before signing a contract of sale.

Information sessions are filling fast. The city lists the November 9 and November 16 in-person sessions and the November 12 English virtual session as at capacity, with a November 19 virtual session still open for registration. Sessions do not count as the required counseling. See the Own in Yonkers listing, our New York page, the statewide SONYMA Down Payment Assistance Loan, or learn how forgivable down payment loans work.

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