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Neighborhood Housing Services (NHS), a
not-for-profit housing organization
founded in 1982, can not only help you
buy your first home, we can also help
you maintain, repair or renovate it. We
have many different programs designed to
help you with different needs.
Please call or e-mail us to see if you
qualify!
Moderate Repair LoansNeighborhood
Housing Services provides loans to
homeowners for moderate interior and
exterior repairs. Typical projects
include roof repair, bathroom and
kitchen renovation, electrical and
plumbing upgrades, refurbishing of
windows, walls and doors, and interior
and exterior painting. You may be
eligible if you own a house or apartment
building from one- to four-units. Loan
amounts range from $5,000 to $50,000.
Emergency Loans
We also have emergency loans, for
owner-occupied one-four unit residential
buildings in New York City, which have a
limit of $6,500. The funds are to be
used for emergency health and hazard
repairs. Typical projects are repair or
replacement of boilers, sewers, water
mains and roofing. The maximum term is
five years. Certain repairs for new
homeowners may qualify for larger loan
amounts.
Gut Construction Loans
This loan, for more substantial repairs,
such as interior and exterior structural
repairs, façade improvements,
re-roofing, etc, is larger. The loan
amount is from $50,000 to $300,000,
available at terms up to 15 years. This
loan is for owners of one-four unit,
residential buildings, but the building
need not be owner-occupied.
For more information,
contact the NHS office nearest you |
