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  • PROGRAM OVERVIEW

    If you are a first-time home buyer seeking to purchase a home within the City of New Rochelle, you may be eligible for the City’s new First-Time Home Buyer’s Down Payment Assistance Program. The program will provide eligible and approved applicants up to 19% of the purchase price of a single-family home depending on the qualification of the homebuyer and is towards the down payment on a new home. The program is funded through a combination of local and federal dollars through the United States Department of Housing and Urban Development’s HOME program and the City’s Affordable Housing Fund.

    AM I ELIGIBLE?

    Check here to see if you are eligible for the Down Payment Assistance Program

    - Be a New Rochelle Resident
    - Be a First-Time Homebuyer (or have not owned
    a home during the 3-year period immediately prior)
    - Contribute, from own funds, at least 1% of the
    purchase price towards the down payment.
    - Have a documented minimum annual household
    income of at least $40,000
    - Have sufficient financial resources and credit to
    qualify for a mortgage.
    - Have a pre-approval for a Mortgage Loan

    See all other additional requirements in the Eligibility Criteria and Fact Sheet documents below.

    ELIGIBILITY CRITERIA
    FACT SHEET

    APPLICATION

    Apply to the 2022 First-Time Home Buyer Down Payment Assistance Program.

    Instructions:
    1. Download the Application below and fill out
    2. Collect all documents required to support the application
    3. Mail or drop the application together with documents at:
    City of New Rochelle
    Department of Development
    City Hall, 515 North Avenue, 1st Floor
    New Rochelle NY 10801

    APPLY NOW

    IMPORTANT UPDATE

     

    NEW Income Guidelines and Property Value Limit

     

    LEARN MORE

     

     

    EVENTS

     

    AUGUST

     

    National Night Out
    Date: Tuesday, August 2, 2022
    Time: 5:00 – 8:00 PM
    Place: NRPD HQ
    Address: 475 North Avenue, New Rochelle, NY

     

    DPAP Orientation
    Date: Thursday, August 11, 2022
    Time: 7:00 – 9:00 PM
    Place: Generations Church
    Address: 592 Main Street, New Rochelle, NY

     

     

    SEPTEMBER

     

    New Rochelle Street Fair
    Date: Sunday, September 18, 2022
    Time: 11:00 – 5:00 PM
    Place: City Hall
    Address: 515 North Avenue,  New Rochelle, NY

     

    DPAP Orientation
    Date: Wednesday, September 21, 2022
    Time: 5:30 – 7:30 PM
    Place: City Hall  NR City Council Chambers
    Address: 515 North Avenue, New Rochelle, NY

     

     

    PAST EVENTS

     

    Real Estate Industry Professionals
    Date: April 26th, 2022
    Time: 3:00 – 5:00 PM
    Place: New Rochelle City Hall – City Council Chambers
    Address: 515 North Ave, New Rochelle, NY 10801

     

    General Public
    Date: May 11th, 2022
    Time: 6:00 – 8:00 PM
    Place: New Rochelle Public Library – Ossie Davis Theater
    Address: 1 Library Plaza, New Rochelle, NY 10801

     

     

     

     

     

    Questions?

    Please submit your questions about the program and application process via the following form:

    New Rochelle

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