Home Owners

SONYMA, AHC and HFA offer several programs to help low- and moderate-income homeowners.

SONYMA

• If you are not a first-time homebuyer, you may qualify for a low interest rate home mortgage and closing cost assistance from SONYMA if you purchase a home in a Target Area, which are neighborhoods designated by the
  Federal Government as economically
  distressed. Click here to learn more.
  

  Are you facing foreclosure?

  If you are behind on your mortgage payments and need foreclosure prevention counseling, click here for a list of foreclosure counseling organizations that may be able to help you.

  
  
• If you are a U.S. Military Veteran, you may be eligible for special favorable terms for veterans including an exemption to the first-time homebuyer requirement of SONYMA's mortgage programs.  Click here to learn more about SONYMA's Homes for Veterans program.
  
  
• SONYMA's Keep the Dream program is no longer in operation. To get information about mortgage refinancing options, please go to Fannie Mae's web page or to the HOPE NOW web page. Or contact a homeownership counseling agency in your community. For a list of counseling agencies, click here.
  

AHC

AHC provides grants to organizations to help subsidize the cost of necessary repairs and renovations to homes owned by low- and moderate-income homeowners.  Homeowners in need of repair or renovation must apply directly to AHC Grantee organizations to benefit from these subsidies.  Please note that AHC does not provide grants directly to individuals.

• To find an AHC Grantee in your area, please click here.
  
  
• AHC income qualification is generally based upon a percentage of the HUD Low Income Limits.  Please note that income qualification limits vary by project and may go up to 166% of the HUD Low Income Limits in the table attached here. To Find out eligibility for a specific development, please contact the AHC Grantee administering the subsidy.
  
  
• If you already have received a grant from AHC and have questions about it, click here for information.
  

HFA

HFA's Manufactured Home Cooperative Fund Program helps New Yorkers who live in manufactured home parks, sometimes referred to as mobile home parks, to purchase the land under their homes and make improvements.

• If you live in a manufactured home park on leased land and want to find out how you and your neighbors can take advantage of this program, click here.