Stamford HOME is a City of Stamford down payment assistance program administered by HDF
HOME Funds provide an interest-free maximum loan of $20,000, payable at the end of 30 years or upon payoff of first mortgage, sale of property, or transfer of title.
To be eligible for HOME funds, the total household income must not exceed 65% of the Area Median Income as adjusted for family size. All buyers will need to complete the HDF homeownership counseling program requirements. There is a $2,000 fee for this loan, payable to HDF at closing.