Neighborhood Recovery Fund

In the weeks following Hurricane Sandy, New York City homeowners were faced with the challenge of repairing their homes while keeping up with mortgage payments and other household expenses. As part of our overall response, The Center launched the Neighborhood Recovery Fund (NRF), an emergency fund designed to assist with Sandy-related expenses that exceeded the assistance homeowners received from their insurance or FEMA. Since December 2012, NRF has deployed more than $1.25 million to over 250 households in the form of grants and 0% interest loans. A majority of NRF recipients have household incomes below 80% AMI (approximately $68,700 per year for a family of four). The Neighborhood Recovery Fund was funded by Goldman Sachs Gives, the Robin Hood Foundation, and the Empire State Relief Fund. Given the immense need, we continue to fundraise for the program. To donate to The Center’s Neighborhood Recovery Fund, please email development@cnycn.org.

See how NRF helped the Colombo family begin to rebuild in Broad Channel, Queens:

 

 

 

 

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