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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.

    PROGRAM GUIDELINES
    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:
    Westchester Residential Opportunities
    470 Mamaroneck Avenue, Suite 410
    White Plains, NY 10605

    APPLY NOW

    IMPORTANT UPDATE

     

    NEW Income Guidelines and Property Value Limit

     

    LEARN MORE

     

     

    FORMS

     

    NEW Homebuyer and Pre-Contract Agreements

     

    HOMEBUYER AGREEMENT

    PRE-CONTRACT AGREEMENT

     

     

    UPCOMING EVENTS

     

    APRIL 2023

     
    Co-Op and Condo Education – English
    Date: Wednesday, April 19, 2023
    Time: 5:30 – 7:30 PM
    Place: Online – Zoom

    EVENT DETAILS

    SCAN QR CODE TO REGISTER

    QR code to register for upcoming events

     
     

    MAY 2023

     
    Co-Op and Condo Education – Spanish
    Date: Thursday, May 25, 2023
    Time: 5:30 – 7:30 PM
    Place: Online – Zoom

    EVENT DETAILS

    SCAN QR CODE TO REGISTER

    QR code to register for upcoming events

     
     

    JUNE 2023

     
    DPAP Orientation – English
    Date: Wednesday, June 21, 2023
    Time: TBD
    Place: Generations Church
    Address: 592 Main Street, New Rochelle, NY 10801

     
     

    JULY 2023

     
    DPAP Orientation – English
    Date: Thursday, July 27, 2023
    Time: TBD
    Place: Bethesda Church
    Address: 71 Lincoln Ave, New Rochelle, NY 10801

     
     

    SEPTEMBER 2023

     
    DPAP Orientation – English
    Date: Thursday, September 7, 2023
    Time: 5:30 – 7:30 PM
    Place: Online – Zoom

     
     

    OCTOBER 2023

     
    DPAP Orientation – Spanish
    Date: Thursday, October 12, 2023
    Time: 5:30 – 7:30 PM
    Place: Online – Zoom

     
     

    NOVEMBER 2023

     
    DPAP Orientation – Spanish
    Date: Thursday, November 16, 2023
    Time: TBD
    Place: TBD
    Address: TBD

     

     

    PAST EVENTS

     

    DPAP Informational Session – Spanish
    Date: Wednesday, March 29, 2023
    Time: 5:30 – 7:30 PM
    Place: New Rochelle Public Library
    Address: 1 Library Plaza, New Rochelle, NY

     

    DPAP Informational Session – English
    Date: Wednesday, March 15, 2023
    Time: 5:30 – 7:30 PM
    Place: New Rochelle Public Library
    Address: 1 Library Plaza, New Rochelle, NY

     

    Co-Op and Condo Education – Spanish
    Date: Wednesday, November 9, 2022
    Time: 5:30 – 7:00 PM
    Place: City Hall Annex, Room B-1
    Address: 90 Beaufort Place, New Rochelle, NY

    REGISTER
    WATCH RECORDED PRESENTATION

     

    DPAP Orientation – Spanish
    Date: Wednesday, October 12, 2022
    Time: 5:30 – 7:30 PM
    Place: City Hall Annex, Room B-1
    Address: 90 Beaufort Place, New Rochelle, NY

    REGISTER
    WATCH RECORDED PRESENTATION

     

    Co-Op and Condo Education – English
    Date: Wednesday, October 5, 2022
    Time: 5:30 – 7:00 PM
    Place: City Hall  NR City Council Chambers
    Address: 515 North Avenue, New Rochelle, NY

    REGISTER
    WATCH RECORDED PRESENTATION

     

    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

    REGISTER
    WATCH RECORDED PRESENTATION

     

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

     

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

     

    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

     

    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

     

     

     

     

     

    Questions?

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

    New Rochelle

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