The COVID-19 outbreak doesn’t mean that families who are struggling financially need to fear losing their homes. As we advocate for a moratorium on foreclosures and other policies to help bring relief to low- and moderate-income homeowners, there are resources available both online and over the phone to help families to protect themselves. Here’s a […]
Neighborhoods throughout the city that suffered from decades of disinvestment are experiencing an explosion of real estate speculation known as “home flipping.” Now homeowners and their advocates are mobilizing against what they say is a main driver of displacement and gentrification. About two dozen homeowners and advocates were joined by elected officials at a rally […]
The HomeFix program provides a comprehensive place-based approach to addressing homeowner repair needs and other assistance. The New York City Department of Housing and Preservation Development program provides access to affordable low- or no-interest and potentially forgivable loans for home repairs to eligible owners of one- to four-family homes in the five boroughs. Fill out the […]
FOR IMMEDIATE RELEASE: JUNE 11, 2019 CONTACT- Cristian Salazar, 646-786-0898, cristian.salazar@staging.cnycn.org Elected Officials, Advocates Call for Expanded Funding for Homeowner Services in NYC Budget Groups call for $10 million in NYC budget to support programs to help fight displacement caused by foreclosure, scams, tax liens NEW YORK, NY — City Council Members Adrienne Adams, Donovan […]
Seniors are the fastest growing demographic in New York City, and many are homeowners living on fixed incomes. As housing costs have risen, it has become increasingly difficult for seniors to afford aging in place. That’s why the Center has been at the forefront of addressing these challenges with its Senior Initiative. Funded by the […]
If a homeowner saves $1,000 over six months, he or she may be eligible for a $200 bonus through Homeowner Reserve. If a homeowner saves $2,000 over six months, he or she may be eligible for a $400 bonus.The homeowner can use the funds to cover future costs like home repairs, unexpected emergencies, and mortgage […]
After her mother died, Jennifer Merin was left with the Laurelton, Queens, home that her family had lived in since it was built in 1930. Though it was not her primary residence, Merin described the home as a “sanctuary to my family.” It wasn’t until 2014, when she saw a large increase in her water […]
When it comes to buying a home, many New Yorkers are often outbid by all cash buyers in the city’s hypercompetitive real estate market or by speculators seeking to turn a quick profit. The Neighborhood Revitalization Program (NRP), created by Governor Andrew M. Cuomo and sponsored by the State of New York Mortgage Agency (SONYMA), […]
Breakfast Briefing: Affordable Homeownership in NYC When: Tuesday, May 8 at 10 am Breakfast and coffee will be served Contact caroline.nagy@staging.cnycn.org for further information & questions. This year marks the 10th anniversary of the foreclosure crisis, which irrevocably reshaped the lives of hundreds of thousands of New York homeowners, renters, and their neighborhoods. Ten years […]
Another cost you’ll want to factor into your decision to buy a home is insurance. There are three types to consider: homeowners insurance, flood insurance, and mortgage insurance. Homeowners insurance is required, though you will have some options to choose from; but flood or mortgage insurance may or may not be required depending on your […]
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