The Buffalo Urban Renewal Agency provides deferred loans up to $15,000 to eligible, first-time homebuyers purchasing their first home in the City of Buffalo.

Down Payment and Closing Cost Assistance Program (DPCC)

Purchasing your first home in the City of Buffalo? Up to $15,000, provided by the City of Buffalo/ Buffalo Urban Renewal Agency, is available to first time homebuyers to assist with closing cost and up to 50% of your down payment expenses towards their purchase. Funds are provided at no interest as a deferred loan. No monthly payments are required. The amount provided must only be repaid if the property is sold within the five (5) year regulatory period that is secured with a second mortgage on the property.

Heart of the City Neighborhoods, Inc. (HOCN) is a nonprofit Community Development Corporation assisting Buffalo Urban Renewal Agency with application intake. Applications can only be started once a home has been identified for purchase with an offer accepted or sales contract created.

Download HOCN’s Down Payment Closing Cost Program Packet here.

Is the home you’re purchasing eligible for this program?

Are you at least 45 days out from your scheduled closing date?
Is the home a single family (1 unit/ 210) or double family (2 unit/220) home, as classified by the City of Buffalo, and located in the legal limits of the City of Buffalo?
*Additional restrictions based on previous occupancy for the past 18 months may apply. Please be prepared to share if the owner or a tenant has occupied this home. Homes with tenants residing in the home during the Sales Contract period who will not still reside after closing in secondary units, if applicable, are not eligible.
Is the home in good condition with no housing code violations or lead based paint hazards?
Is the sale price under $355,000 (1 family home) or $454,000 (2 family home)?

Are you eligible to apply for the DPCC Program?

Are you a first-time homebuyer?
*Applicants and their legal spouse cannot have owned a home in the past 3 years
Are you obtaining traditional mortgage financing for the purchase of this property?
*Cash sales are ineligible
Does your annual, gross household income and asset value fall below the required income limits as defined by HUD?
*Please review the income/asset limits in the chart to the right. Please call our office for household income and asset limit information.
Have you taken a Homebuyer Education Course and Counseling with a HUD Certified Housing Counseling Agency?

If you can answer ‘YES’ to all of these questions, you may be eligible for assistance!

Income Guidelines

HOUSEHOLD SIZE	HOUSEHOLD INCOME LIMIT (80% OF AMI)
	$56,850
	$65,000
	$73,100
	$81,200
	$87,700
	$94,200
	$100,700
	$107,200

*These income guidelines are based on 2026 numbers and are subject to change. Household income limits are based on gross income.

This website was produced in part with the assistance of the City of Buffalo/ City of Buffalo Urban Renewal Agency through the Community Development Block Grant and/or HOME Program(s).

How can you apply?

Applicants should apply as soon as your offer has been accepted on your home- do not delay.

Submit a copy of your DPCC Contact Information Form and a copy of your Sales Contract by email to be pre-screened and schedule a full application intake appointment.

Applicants will be required to:

Submit supporting documentation to verify eligibility for the program.
Document the availability of mortgage financing as part of the application process.
Complete a HUD Certified Homebuyer Education course, and receive individualized Pre-Purchase Homeownership Counseling for each household member who will hold title, from a HUD-approved housing counseling agency.

If you have already started or completed an application with Belmont Housing Resources, University District Community Development Association, Old First Ward Community Center, NeighborWorks Community Partners or East Buffalo Development Corporation, we cannot assist you with a duplicate application.

Please know that completed applications can take at least 56 days prior to your closing date for the program funder, the Buffalo Urban Renewal Agency (BURA,) to review and process for approval. Our team can only submit your application for review once we have all of your required documents and signed application forms. Spaces are limited and applications are accepted by Buffalo Urban Renewal Agency on a first-come, first-served basis, as funding is available.

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