FHC Success Stories
First Home Clubsm Recipient Spotlight
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FHCsm is a grant program that provides down payment and closing cost assistance to eligible first-time homebuyers purchasing a home through one of our participating member lenders. The FHLBNY grants four dollars in matching funds for each dollar saved in a dedicated account (up to $7,500 in matching funds). To offer the FHCsm at your institution, contact us at (212) 441-6850. A list of participating FHLBNY members is available for first-time homebuyers.
The First Home Clubsm program has been discontinued. First-time homebuyers interested in HDP®, contact an approved member so they can determine eligibility.