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Find Homeownership Incentives

The Homeownership Incentive Program

Educators First Time Homebuyers Current Renters Returning Home Buyer

Type Of Program

Down Payment & Closing Costs

Program distribution

Program Originator

Trinity College

Amount

$10,000.00

Contact

Blocks

Location
Description

Trinity College

5 Step Procedure:


Step 1: Complete application and send it to the HR department (located in the Williams Memorial building #4 on the Trinity Campus Map off Summit Street) with a pre-approval letter from your lender. There it will get stamped with the date and time of receipt and checked for eligibility.


Trinity College HR Department Contact Information:

Linda Nazarko, Human Resources Specialist: linda.nazarko@trincoll.edu • (860) 297-2272


Step 2: If approved, your application will be forwarded to SINA. Within a few days, you will be contacted by the HIP Manager (Dean Iaiennaro, SINA’s Director of Real Estate Development) with a response to your eligibility. If you were not approved, you will be contacted by the HR Department.


Step 3: You will then have 60 days from date you are notified of your approval to locate an eligible home (within the target area) and obtain a signed purchase and sale agreement. After 60 days, you will need to re-apply and begin the process again.


Step 4: In 14 days in advance or your closing date, you will need to provide the HIP manager with the name and address of your attorney as well as your Social Security number.


Step 5: Before closing takes place, a check in the incentive amount (currently $10,000) will be paid jointly to you and your closing attorney.

AMI Limit

Yes

AMI

Employer Participation Required

No

Must Earn Counseling Certificate

No

Eligibility Limitations

Cash Sale Permitted

Cosigner Permitted

Owner Financing Permitted

Must be Primary Residence

Yes

Program Provider's Contact Name

Program Provider's Address

Program Provider's Phone

Program Provider's Email