Residential Lending
First-Time Homebuyer Guide
Our free first-time homebuyer education and counseling services, along with our downpayment assistance programs, can make buying your first home affordable.
To be eligible for HDF’s downpayment assistance programs, you must meet certain eligibility criteria.
Our Loan Programs
SmartMove CT
Low-interest downpayment assistance for first-time homebuyers in Connecticut for up to 25% of purchase price when used for a downpayment and qualified closing costs.
SmartMove NY
Low-interest downpayment assistance for New York first-time homebuyers for up to 25% of the purchase price.
Live Where
You Work CT
Up to $25,000 in downpayment and closing cost assistance at 0% interest for first-time homebuyers purchasing homes in the city where they work. Remote work does not qualify.
Homeownership Equity Fund Hartford
Up to $20,000 in downpayment and closing cost assistance at 0% interest for BIPOC (Black Indigenous People of Color) first-time homebuyers purchasing homes in the Hartford Area of Connecticut. For more information click the button below to access the program flyer. This program is funded by private philanthropy - funds are limited.
CT Forever Home
Up to $28,000 downpayment assistance at 1% interest for first-time homebuyers purchasing homes in Connecticut. There is a 10-year affordability period associated with this program. For more information click the button below to access the program flyer.
Local Downpayment
Assistance Programs
Additional loan programs are available to people buying in specific towns and cities (amounts and terms vary).
SmartMove Lending Partners
CT Community Bank
Citibank
CMG
Fairfield County Bank
First County Bank
Ion Bank
Liberty Bank
M&T Bank
Patriot Bank
Savings Bank of Danbury
Thomaston Savings Bank
Union Savings Bank
Webster Bank
Ready to start the homebuying process?
Create an HDF Portal Account
New Client Registration
Check Eligibilty
Not sure where to start? Contact us today.
“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 —
The Housing Development Fund complies with Title VI Regulations:
Title VI protects people from discrimination on the basis of race, color, or national origin in any program, or activity receiving Federal financial assistance; Title IX prohibits discrimination on the basis of sex in education programs or activities receiving Federal financial assistance; and Section 504 prohibits discrimination on the basis of handicap in programs or activities receiving Federal financial assistance.
To file a complaint of discrimination, write to:
U.S. Department of the Treasury,
Director, Office of Civil Rights
and Equal Employment Opportunity
1500 Pennsylvania Avenue, N.W.,
Washington, DC 20220;
or send an e-mail to:
crcomplaints@treasury.gov.