Ready to buy a new home or need financial assistance? Here are some financial resources for homeowners

Are you about to buy your first home? Or are you a homeowner and need financial assistance?

Your state may be able to help! Check your state below for more information:

NATIONAL AID

The US Department of Housing and Urban Development has resources for homeowners to avoid foreclosure, buy and sell a home. Click here for more information.

HELP IN CONNECTICUT

The Connecticut Housing Finance Authority’s three major loans offer competitive incentives that help home seekers become homeowners. CLICK HERE to find out which mortgage is right for you.
When financial difficulties arise, homeowners can benefit from a variety of Connecticut Housing Finance Authority programs, ranging from foreclosure prevention workshops and one-on-one foreclosure prevention counseling, to the Emergency Mortgage Assistance Program ( EMAP) and vocational training. CLICK HERE for the programs.
If you are experiencing financial hardship due to COVID-19, the federal government is providing relief options for homeowners through the recently passed CARES Act. In addition, for borrowers who do not qualify, many Connecticut banks and credit unions offer consumers relief to which they may be entitled. CLICK HERE to determine which option meets your needs.

HELP FOR NEW JERSEY

The New Jersey Housing and Mortgage Finance Agency (NJHMFA) offers a variety of programs to help potential buyers. CLICK HERE to find out how to get help. And CLICK HERE for the FAQ.

The Homeowners Assistance Fund (HAF) is made available through the American Rescue Plan Act, enacted on March 11, 2021. The HAF program will provide financial assistance to homeowners who have experienced a reduction or loss of income significant due to COVID-19 and have been unable to keep up with their mortgage payments. CLICK HERE to learn more about the program.

NEW YORK SUPPORT

The New York State Mortgage Agency (SONYMA) offers low interest mortgages and programs to help qualified buyers buy their first home. SONYMA provides affordable home ownership by removing many of the barriers faced by first-time home buyers. CLICK HERE to learn more about the program.
The New York State Homeowners Assistance Fund (“NYS HAF”) is a federally funded program to assist homeowners at risk of default, foreclosure or relocation due to financial hardship caused by the COVID-19 pandemic. CLICK HERE to find out how to apply for assistance.

NEW YORK CITY AID

NYC Housing Connect is the portal for New Yorkers to find and apply for affordable housing opportunities in New York’s five boroughs. Click here for more information.

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