Village of Hempstead CDA Down Payment Assistance Grant

Administered by: Village of Hempstead Community Development Agency · City · Grant

Funding status: Active

How much assistance

$25,000 (Grant)

Home must remain affordable and be the principal residence of the buyer for 15 years from the date of closing.

Eligibility

  • Income limits: Household income must not exceed 80% of Area Median Income (AMI) for Nassau/Suffolk County, adjusted for household size.
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Must purchase in the Village of Hempstead.
  • Homebuyer education required: Yes

How to Apply for Village of Hempstead CDA Down Payment Assistance Grant

Step 1: Contact the Village of Hempstead CDA at 516-485-5737 ext. 221. Attend required homebuyer pre-purchase ownership counseling. Apply through the LIHP lottery process when homes become available.

Notes

Funded with CDBG (Community Development Block Grant) funds from HUD. Homes are typically newly rehabilitated properties offered through a lottery system.

Cities Where This Program Is Available