Hudson Valley Home Ownership and Revitalization Program
Funding status: Active
How much assistance
Up to $25,000 (Forgivable Loan)
Forgivable loan. Assistance may be recaptured if the loan recipient does not occupy the property for 10 years.
Eligibility
- Income limits: At or below 80% of Area Median Income (AMI)
- First-time buyer required: Yes — Must be a first-time homebuyer.
- Geographic restrictions: Must purchase a property in Westchester County or the Hudson Valley region.
- Homebuyer education required: Yes
How to Apply for Hudson Valley Home Ownership and Revitalization Program
Step 1: Contact a HUD-approved housing counseling agency in Westchester County to begin the application process. Funds are designated for both acquisition and renovation of the property.
Notes
Program funds are for both acquisition and renovation of an identified property. Buyers work with approved counseling agencies to apply.