How can this program can assist you?

You may receive funds to make a home affordable to your family. Subsidy is based on a case by case basis.

These funds can be used to:

  • Reduce the mortgage principal so monthly mortgage payments are affordable.
  • Pay reasonable closing costs.
  • Provide assistance to correct limited code or structural deficiencies when funds allow it.
  • Address Lead Based Paint concerns.

In addition, you will receive information in obtaining suitable bank financing.

HAPEC is a HUD Certified Housing Counseling Agency which provides comprehensive counseling services.

If you own land and want to construct a home on the property, you may receive assistance for this as well.

How these funds can make a home affordable to you….

Funding is based upon need and the subsidy amount varies according to your income. The amount of assistance you receive is calculated by using your total monthly income. In general, you will be expected to pay 30% of your total monthly income toward your housing expenses.

After determining the monthly mortgage payment that you can afford to pay based on your income, the program provides the additional subsidy needed to purchase the home.

Are you eligible for assistance?

The program requires a participant to be a first time home buyer. You may be eligible, however, if you or your spouse have not owned a home for the past three years; or if you are a displaced homemaker; or if you are a single parent who owned a home with your spouse or previously resided in a home owned by a spouse.

For additional first time home buyer options for purchasing both within Essex/Clinton Counties as well as anywhere within the Adirondack Park please check out www.adkhousing.org for another type of funding for homebuyer assistance.

Download These Forms

If you have a printer, you can download the necessary forms to apply for Home Buying Assistance directly from this web site. Just click any of the links below and save the file to your computer. You can then use your computer’s printer to print the forms.

The following forms are required:

Application (PDF application.pdf – 85k)

Financial Statement (PDF statement.pdf – 373k)

The following forms are not required, but may be helpful:

Brochure (PDF brochure.pdf – 362k)

Budget Worksheet (PDF budget.pdf – 502k)

Self Test (PDF selftest.pdf – 260k)

Housing Services Directory (PDF – 3mb)

After you print and fill out the forms, mail them to:

Housing Assistance Program of Essex County
P.O. Box 157
Elizabethtown, NY 12932