See programs you qualify for

Get Matched Free →

LIHP Community Stabilization Program (CSP)

Administered by:
Long Island Housing Partnership (LIHP)
· Nonprofit · Forgivable Loan
Funding status: Active

How much assistance

Up to $30,000
Deferred payment, non-interest bearing loan forgiven after 10 years of owner-occupancy compliance.

Eligibility

  • Income limits: Combined family income cannot exceed 130% of Area Median Income (AMI)
  • First-time buyer required: Yes Must not have owned a home in the past 3 years.
  • Geographic restrictions: Must purchase an eligible single-family home, condo, or co-op in Nassau or Suffolk County. Property must be a foreclosed home.
  • Homebuyer education required: Yes

How to Apply for LIHP Community Stabilization Program (CSP)

Contact the Long Island Housing Partnership at (631) 435-4710 or visit www.lihp.org. Complete LIHP pre-purchase mortgage counseling. Submit a formal application with required documentation. All household members must be U.S. citizens or qualified resident aliens.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (3 cities across 1 state)