Employer Assisted Housing Initiative

Organization - Amount of Assistance Available

There are no income limits for these programs. Contact your employer to see if they have a program, contact bank re first-time home buyer programs.

U of R – $3,000 from U of R; $3,000 from the City of Rochester; $3,000 from Participating Lender

City of Rochester – $3,000 (Full-time Employees) / $3,000 (Part-time Employees)

Xerox – $2,000 / City of Rochester matches

Visiting Nurse – $2,000 / City of Rochester matches

Unity Health – $3,000 / City of Rochester contributes $3,000 (must buy in Sectors 3 or 4)

Paetec – $3,000 Loan / City of Rochester matches with a $3,000 grant

RIT – $3,000 / City of Rochester matches

Rochester Management – $2,000 / City of Rochester matches

Highland Hospital – $3,000 / City of Rochester matches

City of Rochester Contact:

Phone: 585.428.6888 | Fax: 585.428.6229 | E-mail: homebuyer@cityofrochester.gov

University of Rochester Home Ownership Incentive Program - $9,000 3/3/3...*

Obtain a letter from the Benefits Dept. of U of R

Apply with City of Rochester at homebuyer@cityofrochester.gov

Eligibility Requirements:

  • There are no income requirements
  • 1-4 family homes ONLY
  • Can NOT currently own a home in the City of Rochester
  • Sectors 4 or 6 of the City ONLY
  • The prospective buyer must have $1,500 of his/her own money
  • Have to remain employed for 5 years, but there is no service requirement
  • Visit www.Rochester.edu/benefits/housing for complete details

Specific verbiage is required in the contract for City Inspection, Margot will provide this.

A prospective homeowner must complete 8 hours of Pre-Purchase training (via NeighborWorks, Providence Housing, MarketView Heights, Urban League or Pathstone- Margot can provide you with contact information)

After they own the home they must complete three Modules/Post Purchase classes (3 hours each).

If they have owned home previously, no classes are necessary.

Participating Banks:

  1. Advantage Federal Credit Union- contact Sandy Leavy 585.454.5900 (does not do FHA)
  2. Canandaigua National Bank- contact Jason Proietti 585.385.2370 x50963 (does do FHA, but must fit requirement of low-moderate income)
  3. Chase
  4. Genesee Regional Bank – contact Mike Pulver 585.802.6527
  5. M&T

*$3,000 from U of R, $3,000 from the City of Rochester, $3,000 from Lender.

Homes Rochester Program- $6,000 (through the City of Rochester)

  • Asset Control Area (ACA)
  • Only Houses that qualify are Non for Profit agencies
  • Agents are NOT paid on these until they are Multiple Listed
  • Live in Home for 15 years
  • Owner Occupy Only

Home Purchase Assistance Program (HPAP)

$3,000 grant for closing costs.   This is for First Time Buyers (or not owned a home in the past 3 years) and income limits are in effect.

MISCELLANEOUS:

MarketView Heights and NeighborWorks Rochester…Low interest loans or grants for fix/repairs