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City News

Posted on: March 1, 2023

First-Time Homebuyers Down Payment Assistance Program Outreach Continues with March Info Sessions

Downpayment English - March

As part of its ongoing commitment to provide qualified low-to-moderate income New Rochelle residents with down payment assistance, the City of New Rochelle has partnered with Westchester Residential Opportunities to offer training and support to prospective homeowners.  After a successful Homebuying Orientation presentation and several workshops in 2022, the City’s Department of Development is continuing outreach to first-time homebuyers with details on the City’s new Down Payment Assistance Program through a series of informational sessions in March. The goal of the sessions is to help residents understand the responsibility of homeownership to not only successfully purchase their home, but to ensure they keep their home.  

  •  March 15: Down Payment Assistance Informational Session- English | New Rochelle Public Library- Memorial Highway entrance | 5:30-7:30 PM
  •  March 29: Down Payment Assistance Informational Session- Spanish | New Rochelle Public Library- Memorial Highway entrance | 5:30-7:30 PM

Launched in April, the City’s generous First-Time Home Buyer’s Down Payment Assistance Program targets prospective buyers of single-family homes, cooperative apartments (co-ops) and condominiums. This initiative will help make the American Dream of homeownership a reality for local low- and moderate-income households and address the racial wealth gap facing communities across the state and nation.

For further information:

Email:                   
NewRohomegrant@wroinc.org
CommunityDevelopment@newrochelleny.com 

Phone:                  
914.428.4507

Visit and download an application at: https://www.ideallynewrochelle.com/down-payment/

Applications may be sent to Westchester Residential Opportunities at:

Westchester Residential Opportunities, Inc. 
Attn: Homeownership Department 
470 Mamaroneck Ave, Suite 410 
White Plains, NY 10605

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