The Town of Babylon HOME Down Payment Assistance Program will provide eligible first time homebuyers with up to $50,000 towards down payment/closing costs towards the purchase of an eligible new or existing single-family home, provided that the applicant is income eligible and meets all program requirements. The applicant must also be able to satisfy the mortgage lender's minimum down payment requirements and be able to secure a mortgage. Homeowners are required to reside in the home as their principle residence for a minimum of 10 years or HUD will require a full repayment of the HOME down payment assistance provided.

The Town of Babylon HOME Down Payment Assistance Program will provide eligible first-time homebuyers with up to $50,000 towards down payment/closing costs towards the purchase of an eligible new or existing single-family home, provided that the applicant is income eligible and meets all program requirements. The applicant must also be able to satisfy the mortgage lender’s minimum down payment requirements and be able to secure a mortgage. Homeowners are required to reside in the home as their principle residence for a minimum of 10 years or HUD will require a full repayment of the HOME down payment assistance provided.

Applications are being accepted on a first come first served basis until funding has been exhausted.

When completing an application online, you must have a unique email address and you are required to provide all documents that are listed in the “Required Document Checklist” that is included with the online application, and also provided in a printable listing at the bottom of this page. All supporting documents must be scanned and uploaded directly into your online application.

There is a $35 application fee for this program.

The LIHP staff is available to assist with the application, and answer questions about eligibility requirements. If you have any questions regarding the Program Guidelines or need language assistance, including translation and/or oral interpretation services, please call the Long Island Housing Partnership at (631) 435-4710 before applying.

You are welcome to come in for a free mortgage counseling session to see how much of a home you can afford and find out if there are any other incentives available to you. Visit the mortgage counseling section of this website or call for more information.

NOTE: The application is not complete until all your documents have been submitted!

Applications will be accepted until 5 pm on May 26, 2026.