08/04/2022: Homebuyer Dream Program Available Now

Are you a first-time home buyer?

seneca savings federal grant homebuyer dream program first time home buyers


Right now there are still funds remaining through Seneca Savings via the federal grant program for first-time home buyers that you may qualify for and can begin right here.


Qualify for up to $10,000 toward the closing costs and down payment of your home with the

Homebuyer Dream Program

Eligibility Requirements:

  • Must be a first-time homebuyer who has not owned a home in the last three years
  • Meet the income and credit requirements for the program
  • Provide at least $1,000 toward your home purchase from a verifiable source
  • Remain in the home for five years or repay a portion of the grant funds back to FHLBNY
  • Complete an acceptable home buyer counseling program

These requirements are subject to change and additional criteria may apply.

This program is offered on a first come, first serve basis. There is no guarantee that funds will be available when your Reservation Request is submitted. The grant is a Federal Home Loan Bank of NY program.

To learn more about the Homebuyer Dream Program, and the $10,000 grant ($9,500 towards closing costs / $500 towards homebuyer’s counseling program) visit the Homebuyer Dream Program website.

“I love being able to build a bridge from here… to there. The Thank You notes I receive from first time home buyers line my walls and it’s a thrill and a privilege to help you get started today on your journey to getting your first home!”  – Eric Morgan, Seneca Savings

Contact our qualified and committed Mortgage Loan Officer
to see if you qualify!

 Nimer Shehadeh (NMLS #753265) to see if you qualify, 315-864-5650, nshehadeh@senecasavings.com