HDF SmartMove Connecticut

Administered by: Housing Development Fund (HDF) · State · Repayable Loan

Funding status: Active

How much assistance

Up to 25% of the purchase price (Repayable Loan)

Eligibility

  • Income limits: Must meet HDF household income guidelines.
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years.
  • Credit score minimum: 660
  • Geographic restrictions: Statewide within Connecticut.
  • Homebuyer education required: Yes

How to Apply for HDF SmartMove Connecticut

Step 1: Contact HDF at 203-338-9035 or visit hdfconnects.org. Complete homebuyer orientation and counseling. Must have a maximum debt-to-income ratio of 41% and contribute 1% of the purchase price from own funds.

Visit program website

Notes

Low-interest second mortgage. Gift funds are not permitted for the 1% borrower contribution. Must have a steady work history for the previous two years in the same industry.

Available Statewide In