You do not have to be a first-time homebuyer2;
You can purchase a two family home that is a newly constructed or is an existing home that is less than 5 years old.
First, you must obtain the census tract and the block group for the property from the U.S. Census Bureau website. Follow the below instructions to find this information for a specific property.
Link to the US Census Bureau website by clicking here.
A. Enter street address, city, state, and zip (if available) and click "Go"
B. The census tract and block group are circled in the example below.
To see if the census tract and block group for a specific property is in a Target Area, click here for the SONYMA list of Target Areas by county and census tract. If a census tract is listed, but no block groups are listed under the block group column, then all block groups in that tract are targeted. If a county is not listed at all, that means it does not contain any Target Areas.
You can also call the SONYMA Information Center at 800-382-HOME (4663) with the exact street address, city or town and zip code.
To learn more about SONYMA's Programs, click here.
1 These incentives do not apply to the Achieving the Dream Mortgage Program.