The Resilient Retrofits program helps homeowners in New York City protect their homes from flood and storm damage and improve energy efficiency. Funded by New York State Homes and Community Renewal, and managed by the Center for NYC Neighborhoods, this program offers a combination of low-interest and forgivable loans to eligible homeowners. Funds can be used to raise electrical systems to avoid flood damage, install energy-efficient appliances, and make other important upgrades.

HomeFix is a comprehensive approach to addressing homeowner repair needs, funded and administered by the New York City Department of Housing and Preservation Development, Center for NYC Neighborhoods, and the Center’s wholly owned subsidiary, Sustainable Neighborhoods LLC. The 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. The program is a partnership between the Center for NYC Neighborhoods and its Partners, Restored Homes Housing Development Fund Corporation, Asian Americans for Equality (AAFE), Community Development Fund (CDF), Neighborhood Housing Services of New York City (NHSNYC), and the Parodneck Foundation.

Due to funding limitations, the ERMA program is not currently accepting applications.

The Equitable Retention Mortgage Assistance Program (ERMA) is a foreclosure prevention program run by the Center for NYC Neighborhoods, its subsidiary Sustainable Neighborhoods LLC, Enterprise Community Partners, and the NYS Office of the Attorney General. ERMA provides deferred zero-interest loans up to $50,000 to seniors (62 and over) and people with disabilities who are at risk of foreclosure due to reverse or regular mortgage arrears, condo homeowners’ association fees, co-op maintenance fees, property taxes, property insurance, water/utility bills, or other charges stemming from a temporary inability to pay that can result in foreclosure.

ERMA assistance is available only in certain participating NYS counties.

Sustainable Neighborhoods, in partnership with New York State Homes and Community Renewal (HCR), is establishing an affordable refinance pilot program aimed at settling outstanding mortgage debt for homeowners at risk of foreclosure. The pilot will help a small number of homeowners in foreclosure by paying off the entirety of their existing mortgage debt and refinancing these homeowners into a new mortgage or mortgages. This program is designed to assist homeowners who have fallen behind on their mortgage due to hardship but have since stabilized their finances and can afford to repay a refinanced loan. Homeowners must apply through a housing counselor.

We are not currently accepting applications.

The New York State Homeowner Assistance Fund (NYS HAF) is a federally funded program dedicated to assisting homeowners who are at risk of default, foreclosure, or displacement as a result of a financial hardship caused by the COVID-19 pandemic. In all cases, our goal is to help as many New Yorkers as possible STAY IN THEIR HOMES!

Visit the NYS HAF website here.

HomeFirst is a down payment assistance program to assist first-time homebuyers to achieve homeownership, with a 10- to 15-year non-amortizing mortgage loan of up to $100,000 that reduces over time. To be eligible for HomeFirst assistance, prospective homebuyers must fall within low- to moderate- household income caps and purchase a 1- to 4-family home, coop, or condo in New York City. Program participants must apply through a HUD-certified housing counselor and complete a homebuyer education class. The HomeFirst program is operated by the Center for New York City Neighborhoods’ community development lender, Sustainable Neighborhoods, in partnership with the NYC Department of Housing Preservation and Development.