State Homebuying and Rehabilitation Financing Programs

Agency: NYS Homes and Community Renewal (NYS HCR)
Status: Currently Available

The State of New York Mortgage Agency (SONYMA) partners with approved participating mortgage lenders across the state to offer 30-year, competitive, fixed-rate mortgages with special features and downpayment assistance to help low- and moderate-income New Yorkers become homeowners. The following list includes various SONYMA financing programs that promote homeownership and fund rehabilitation while serving low-income, first-time homebuyers, and veterans.

Achieving the Dream
Conventional Plus Program
Down Payment Assistance Loan (DPAL)
Homes For Veterans Program
FHA Plus
Remodel New York (RemodelNY)