The Community Restoration Fund Program was established by New York City’s Department of Housing Preservation and Development (HPD) and non-profit partners to facilitate the acquisition of distressed community...
The State of New York Mortgage Agency (SONYMA) Community Restoration Fund is part of New York State Office of Homes and Community Renewal’s (HCR) response to the foreclosure crisis of 2008. The program acquires...
The U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) offers a suite of mortgage insurance and loans for homeowners made by FHA-approved lenders throughout the United...
The U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) offers a suite of mortgage insurance and loans for homeowners made by FHA-approved lenders throughout the United...
The Home Equity Conversion Mortgages for Seniors (HECM) is the Federal Housing Administration’s (FHA) reverse mortgage program that enables to withdraw a portion of one’s’ home equity and is the...
Through the Making Home Affordable (MHA) program, the U.S. Department of Housing and Urban Development (HUD) offer homeowners several foreclosure alternatives that can help lower their monthly mortgage payments and...
Through Making Home Affordable (MHA) program, the U.S. Department of Housing and Urban Development (HUD) offer homeowners several foreclosure alternatives that can help lower their monthly mortgage payments and...
The New York State Mortgage Assistance Program (NYS-MAP) provides a zero-percent interest mortgage loan up to $80,000 to eligible New York homeowners at risk of foreclosure. The NYS-MAP is administered by the Center...
The Mortgage Interest Deduction program is an itemized deduction on the federal income tax for a household that owns at least one home. The program acts as a subsidy to individual homeowners, as it reduces the amount...
NYPD Home was an employer-assisted housing program administered by the New York Department of Housing Preservation and Development (HPD). Uniformed members of the New York City Police Department (NYPD) who...
The State of New York Mortgage Agency (SONYMA) partners with approved participating mortgage lenders across the state to offer 30-year, competitive, fixed-rate mortgages with special features and downpayment...
The Sweat Equity program began as a response to the City’s budget crisis in the 1970s, its ownership of a massive stock of in-rem housing, a growing demand for low-income housing, and resident-led initiatives...
Sweat Equity was overseen by the non-profit organization Habitat for Humanity and worked in partnership with New York State Homes and Community Renewal’s (HCR) Mortgage Agency (SONYMA). SONYMA provides a two...
VA Home Loans are provided by private lenders, such as banks and mortgage companies. The Department of Veterans Affairs (VA) guarantees a portion of the loan, enabling the lender to provide veterans with more...