Finance
In New York, the 'HomeFirst Down Payment Assistance Program' is a New York City program that provides:
AFree property tax exemptions to first-time buyers
BForgivable loans of up to $100,000 to qualified first-time homebuyers toward down payment and closing costs✓ Correct
CSubsidized mortgage interest rates for all buyers
DCash grants for energy-efficient home improvements
Explanation
NYC's HomeFirst program provides up to $100,000 in down payment and closing cost assistance as a forgivable loan to qualified first-time homebuyers who complete a homebuyer education course and meet income requirements.
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