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Find Homeownership Incentives

The Homeownership Incentive Program

First Time Homebuyers Healthcare Professional

Type Of Program

Down Payment & Closing Costs

Program distribution

Program Originator

Connecticut Children's Medical Center

Amount

$10,000.00

Contact

Blocks

Location
Description

Connecticut Children’s Medical Center (CCMC)

5 Step Procedure:


  • Step 1: Complete application and send it to the HIP manager with a pre-approval letter from your bank.
  • HIP Manager: Dean Iaiennaro, SINA’s Director of Real Estate Development
  • Email: diaiennaro@sinainc.org ― Fax: 860-520-1359


  • Step 2: Once your application has been reviewed for eligibility, you will be contacted by the HIP Manager or a SINA Staff member.


  • 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

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