First-time homebuyers in New Haven are eligible to receive up to $10,000 to cover the closing costs or down-payment on their home. The subsidy comes in the form of an interest-free loan, which is fully forgiven after five years.
City employees, teachers, police officers, firefighters, and members of the military receive an additional $2,500 off.
On top of that, the city is giving away $30,000 to those who renovate their home using energy-saving upgrades.