Looking to Buy Your First Home?

You’ve been renting for years and want to own a home. You’ve finally found one you think you can afford, and you’re close to getting a commitment from a bank for the mortgage. But you, like many people looking to buy a home, don’t have sufficient savings to meet the downpayment requirements.

Housing Development Fund (HDF) can help. We’ve worked with thousands of homebuyers across Connecticut and New York to make buying their first home a reality. HDF is a HUD-approved counseling agency.

At HDF, we have a variety of programs and services designed to help you overcome the hurdles to home buying. We also offer free first-time homebuyer education and counseling services. These services are designed not only to help you buy your first home, but also keep it. Find out how we can help you buy your first home today!

First-Time Homebuyer Counseling

At HDF, you work one on one with an adviser to chart your path to homeownership from start to finish. Together with your adviser, you will develop an action plan to increase savings, reduce debt, and identify programs that work for you. To get more information about our counseling programs start your journey with us today.

Homebuyer Education

Homebuyer education classes are open to everyone in the communities we serve, whether you’ve already applied for a mortgage or not. In fact, no matter where you are in the home buying process, this 8-hour course will boost your skills and knowledge.

Our free homebuyer education classes are mandatory for HDF loan products and Connecticut Housing Finance Authority (CHFA) loan applicants. All HDF borrowers participating in our downpayment and closing costs assistance programs must complete an 8-hour homebuyer education class before closing.

This free 8-hour class is offered in both English and Spanish, online via zoom. During the class, you will boost your skills and knowledge of the home-buying process.

Assistance Programs

We have a number of available lending programs to help you throughout the home-buying journey. These include:

In many cases, HDF clients may be eligible for more than one of our programs. Click here to see what you may qualify for.


Get a Low-interest downpayment assistance loan at 3% interest for first-time homebuyers in Connecticut and New York for up to 25% of purchase price when used for a downpayment and qualified closing costs.

Live Where
You Work CT

If you’re buying your first home in the city where you work, you may be eligible for up to an additional $25,000 at 0% downpayment assistance

HDF Homeownership
Equity Fund CT

If you’re a Black, Indigenous, and Person of Color (BIPOC) first-time homebuyer purchasing a home in Connecticut, you may be eligible for up to an additional $20,000 at 0% downpayment assistance

Other Loan

Additional loan programs are available to people buying in specific towns and cities (amounts and terms vary).

In many cases, HDF clients may be eligible for more than one of our programs.

“HDF was a pleasure to work with. They are very educated with their services and the ability to assist people achieve their
dreams of being a homeowner.”

HDF Client

Our Banking Partners

HDF has strong partnerships with many banks in both Connecticut and New York. These relationships help us and our banking partners help you buy your first home.

Helping Families Buy Their First Home Since 1989


Home purchases financed by HDF

in home purchase assistance loans provided by HDF

Bank Partners in CT and NY

Learn How HDF Can Help You