The First Home Club is designed to assist low- to moderate income first-time homebuyers in the purchase of a home. This assistance is provided in the form of matching funds, $4 for every $1 saved, and is used to help pay down payment and closing costs. Participants are required to save at least $188 per month for 10 months (the maximum is 18 months). Qualified homebuyers may receive up to $7500.
(income cannot exceed)
New York: $88,848 (1-2 person household): $96,656 (3+ person household)
Long Island: $104,640 (1-2 person household): $122,080 (3+ person household)
Westchester: $104,472 (1-2 person household): $118,384 (3+ person household)
For more information call 212-964-2288 or 718-961-0888