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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.
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:
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