PURCHASE ASSISTANCE/ELIGIBILITY

Economic Opportunity Council of Suffolk, Inc., has been awarded a contract with The New York State Housing Trust fund to provide assistance with the purchase-rehabilitation of single family homes for homeownership within Suffolk County, N.Y. Homebuyers who meet the criteria listed below may be qualified for a grant to use towards the purchase of these homes.

Eligibility Criteria: In order to determine eligibility for our program, you must meet the following criteria:

1. Be a First Time Homebuyer or not owned a home in the past 3 years
2. Be a United States Citizen, by birth or naturalization or have permanent resident status
3. Have acceptable credit rating and minimal debt with no bankruptcy or open judgments
4. Have a stable work history of at least 2 years, within the same profession
5. Have a savings of less than $ 30,000.00
6. Have a minimum total family gross income of  $ 45,000
7. Have a maximum gross family income for 2012 of : $ 98,036

Family Size           Max. Income                          Family Size                 Max. Income

1  Person               $  51,989                               5 Person                           $80,216

2  Person               $  59,416                               6 Person                           $ 86,153

3 Person                $  66,843                               7 Person                           $ 92,094

4 Person                $  74,270                               8 Person                           $ 98,036

To request an application, please contact the following:
Angela Harmon-Director of Housing Services
31 West Main Street, Suite 300, Patchogue, N.Y. 11772
631-289-2124, ext. 112.