First Home Club Matched Savings Program

Homebuyers in New York can get financial assistance through this program.

Through the Federal Home Loan Bank of New York, qualified participants can earn as much as $4 per every $1 they save in a qualified account. Participants can earn as much as $7,500.

Interested applicants must complete a Homebuyer 101 orientation offered by the AHP Homeownership center.

The next step is for applicants to meet with a homeownership advisor, and complete program registration and forms.

Applicants are required to be first-time homebuyers and have to meet certain income limits.

They also must be approved by a bank or credit union and save a minimum of $20 a month for at least 10 months in a qualified account.

The income limits are $65,600 for a 1 to 2 person household, and $75,440 for a 3 or more person household.

Other programs in New York:

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