Top First Time Homebuyer Programs in Western New York
Now that spring has arrived, there is one thing that we can count on and that's the housing market in Buffalo heating back up.
Over the last few years, Buffalo and Western New York have been among the hottest real estate markets in the country. Take the fact that it's relatively affordable to live in the Buffalo area and couple that with the reality that our housing prices are pretty cheap when compared to other cities in America. Once you account for the residual impacts of the COVID-19 Pandemic causing there to be lower than normal housing inventory, that's houses that are available to buy and have the perfect scenario to create a red hot market with increasing prices.
All of these things make it incredibly difficult for those looking to buy their first house. Having to compete in this market when you don't really know what you are doing puts a lot of folks at a disadvantage.
The good thing is that there are quite a few government organizations and non-profit organizations that specialize in helping people become first-time homebuyers.
They help in quite a few ways, like helping people get their credit together, educating them on the home buying process, and even proving some financial help like down-payment assistance.
Here is a list of the top local first-time homebuyer programs, based on information made available by the US Department of Housing and Urban Development:
BELMONT HOUSING RESOURCES FOR WNY, INCORPORATED
2393 Main St, Buffalo, New York
780 Fillmore Ave, Buffalo, New York
NACA (NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA) BUFFALO, NY
135 Delaware Ave Ste 102, Buffalo, New York
BUFFALO URBAN LEAGUE, INC.
15 Genesee St, Buffalo, New York
CCCS OF BUFFALO, INC.
40 Gardenville Pkwy Ste 300, Buffalo, New York
NEIGHBORWORKS COMMUNITY PARTNERS
479 16th St, NIAGARA FALLS, New York
301 North St, BATAVIA, New York
CHAUTAUQUA OPPORTUNITIES, INCORPORATED
10825 Bennett Rd, Dunkirk, New York