UPDATE: HomeLIFT Downpayment Assistance Funds are no longer available.
Housing Development Fund is proud to be part of the HomeLIFT program in collaboration with Wells Fargo, NeighborWorks America, and NHS of New Haven. HomeLIFT is a national program that provides eligible home buyers with $15,000 to purchase a home in New Haven, East Haven or West Haven. The money is a 0% interest loan that is forgivable after five years.
HomeLIFT assistance is not limited to first-time buyers, although the home purchased must be the primary residence of the borrower. Borrowers must also be income eligible: the annual income of all persons 18 and older living in the home must be at or below 120% of the New Haven Area Median Income (AMI) guidelines.
Thank you so much for your interest in the HomeLIFT Program. At this time, all 219 down payment assistance funds have been fulfilled. However, HDF housing specialists are ready and willing to work with you during every step of your homebuying journey. They will be able to identify a variety of downpayment assistance programs that can benefit you and your family.