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PROJECT REINVEST HOMEOWNERSHIP IS LIVE!

Project Reinvest: Homeownership will make $1.2 million available to homebuyers in Monroe and Erie County, providing down payment assistance for the purchase of first homes. The funds were awarded to NeighborWorks Rochester, a Community Development Financial Institution, to be executed in partnership with West Side Neighborhood Housing Services in Buffalo, NY.

Eligible homebuyers can receive $10,500 in down payment assistance for the purchase of their first homes in target areas of Monroe or Erie County.

Project Reinvest: Homeownership is a 0% interest deferred grant. Homebuyers may qualify if they make at or below 100% of the Area Median Income for their county and if they are purchasing in a CDFI investment area (refer to this link).

Interested homebuyers should contact the lender of their choice for more information or to start an application. See below for a list of area partners:   

Erie County

Monroe County

 

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