Homebuyer and rental help in New York
Help buying a home, such as low-rate mortgages and down payment help, plus programs for affordable rentals.
Some homebuyer help comes as loans that must be repaid.
Apply on the official site ↗Goes to hcr.ny.gov. Applying is free.
Who generally qualifies
First-time and moderate-income homebuyers in New York, and renters looking for affordable housing; limits vary by program.
Exact income limits and rules are set by New York State Homes and Community Renewal and can change. Check the official site for current details.
How to apply
- Browse programs on hcr.ny.gov.
- For homebuyer programs, contact one of the agency's approved lenders.
- For rentals, use the agency's search tools or listed partners.
What to have ready
- Proof of income
- Credit history
- Tax returns
Common questions
- Does it cost anything to apply?
- No. Applying through the official site is free. Be wary of anyone who charges a fee to apply for you.
- Do I have to pay it back?
- No. It's a free or low-cost service, not a loan.
- Who decides if I qualify?
- New York State Homes and Community Renewal makes the final decision. This page explains the program in general terms only.
- Where can I find current income limits and amounts?
- Income limits, benefit amounts and deadlines change, so check hcr.ny.gov for the latest details.
Added October 21, 2026. BenefitSearch is not affiliated with New York State Homes and Community Renewal.