Homebuyer Dream Program
The Homebuyer Dream ProgramTM (HDP) is a first-time homeowner grant program coming in mid-2020.
The evolution of this more modernized first-time homebuyer set-aside program is intended to broaden its reach across the district, deepen its impact on households buying their first home and significantly improve administrative efficiencies.
FHLBNY is committed to working with our members to facilitate a smooth transition from the First Home Clubsm to the new program. The modernized program features include:
- Flexibility on the administration of your program
- Increased grant amounts
- Equity contribution without systematic savings
- Online reservation requests