Home Fix Program provides a comprehensive place-based approach to addressing homeowner repair needs and other assistance.
Anticipated maximum loan amount of $150,000 for a four-family home, with a maximum loan amount as follows: 1 unit: $60,000 / 2 units: $90,000 / 3 units: $120,000 / 4 units: $150,000
The loan terms may vary from no-interest to five percent interest repayment loans.
To be eligible for the program, a homeowner must:
- Own a one- to four-family home in any of the five boroughs in New York City
- Occupy the home as their primary residence (primary residence is defined as residing in the home 270 days per year)
- Have a household income that is no more than 165% Area Median Income (AMI):
The repairs must address building system(s) or housing deficiencies or conditions which may be hazardous to occupants/residents. The program partners will develop the eligible scope of work, which may include, but are not limited to, roof, heating system, hot water heater, electrical system, plumbing system, sidewalks/paving, accessibility measures to help seniors, energy efficiency upgrades, and more.
Please complete the HomeFix form. Parodneck will contact you to start the pre screening process.