SONYMA has entered into a partnership with the New York State Builders Association (NYSBA), the New York State Energy Research and Development Authority (NYSERDA), and the Long Island Power Authority (LIPA) to offer a special incentive for purchasers of newly constructed homes.
Energy-efficient homes, specifically New York ENERGY STAR® labeled homes, offer homebuyers all of the attributes available in a new home, but also include energy efficient improvements that deliver better performance, greater comfort, and lower utility bills. Such homes are built to Federal and State standards that may feature tighter draft-free construction and insulation, high performance windows, and efficient heating and cooling equipment, appliances, light fixtures, etc. New York ENERGY STAR® labeled homes are typically 20% to 30% more energy efficient than a standard home and can save homeowners hundreds of dollars annually. Energy efficient homes also help the environment by decreasing carbon gas emissions.
Down payment assistance is available for the ENERGY STAR® labeled homes incentive. Learn more aboutSONYMA's Down Payment Assistance Loan (DPAL).
To apply for a SONYMA loan you must contact one of our Participating Lenders, located statewide, offering the ENERGY STAR® Labeled Homes incentive. Click here to see SONYMA's Participating Lender list.
Are you a home builder?
Find out how to build homes that meet the requirements of New York's ENERGY STAR® Labeled Homes Program.
Click here to go to NYSERDA's website.