Are there any grants, subsidies, loan incentives, etc to help teachers
(city employees) with purchasing their first home (co-op) in New York
City (Manhattan)?

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Request for Question Clarification by cynthia-ga on 02 Feb 2006 04:52 PST

There is the "Teacher Next Door" program through HUD that is available
nationwide, where HUD discounts homes by 50% of the list price,
provided you buy from their list, select a home near where you work
and meet the 3 year occupancy requirement.

Teacher Next Door
http://www.hud.gov/offices/hsg/sfh/reo/goodn/tnd.cfm

Does this help?

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Clarification of Question by tornado2-ga on 02 Feb 2006 07:10 PST

Dear cynthia-ga,

I am aware of the Teacher Next Door program and have been following
their available houses each Wednesday for several years, but I have
never found a property available in Manhattan.  Also, it deals with
whole buildings (houses) and not apartments (co-op's), as far as I
know.  If there was something like this for apartments in Manhattan, I
would be greatly interested.  Thank you in advance for any help or
clarification.