BCNI’s Homebuyer Assistance Program – Down payment assistance grant funding up to $10,000 towards the purchase of your first home within the City of Schenectady. For more information on this opportunity please contact BCNI’s housing counseling team at 518.372.7616.
Homebuyer Dream Program – Eligible first time homebuyers may receive up to $9,500 toward their home purchase. The program is available throughout the Capital Region through participating lenders. Review this link ( HDP 2021) for details and income limits.
SONYMA DPAL Program – In conjunction with a SONYMA loan, receive up to 3% of the purchase price of the home (up to $15,000). In the Capital Region, SONYMA income limits are generous. You may earn up to $97,000 for a 1-2 person household and up to $111,550 for a 3+ person household. Learn more at SONYMA’s website.
SONYMA Neighborhood Revitalization Program – If you plan to purchase a vacant home to own and occupy, SONYMA offers up to $20,000 toward renovations. Eligible homes in the Capital Region to be located in Albany, Rensselaer, Schenectady, Warren or Washington counties. Generous income limits. Visit the SONYMA website for details.