How first-time buyers can apply for up to $100,000 in down payment assistance

… in a forgivable loan towards their first purchase of a condo coop or one to fourfamily house in New York City Mayor … $41 million in funding would be added to the citys down payment assistance program HomeFirst which will provide … … Buy … Buy Affordable Housing … Co-ops … buying … Co-ops … condos … down payment … first-time buyer … How firsttime …

By Celia Young |February 3, 2025 - 3:00PM
Hochul takes aim at institutional housing investors and rent-fixing software in State of the State

… across the state and to ban the use of software to set rents in her State of the State address on Tuesday … and other big investors from buying up single and twofamily houses across New York Corporate landlords coopt our housing … buyers with a lump sum of money that could make housing prices go higher Miller cautioned  Those funds would also …

By Celia Young |January 15, 2025 - 11:15AM
Need a mortgage to buy a NYC co-op? Your rate is not the only thing to consider

… NYCs unique housing inventory which consists largely  of  coop buildings and no two are exactly the same So if you are … on how they are structured and make sure your mortgage lender  understands coops as well Lack of coop … your banks including  down payment restrictions and debttoincome ratio caps Kurzweil says  For example while a bank …

By Mimi OConnor |February 17, 2023 - 2:30PM