How Our Housing Mobility Program is Helping New York Families

Since our December 2013 blog post about the Center for NYC Neighborhoods’ Housing Mobility Program, the program has grown considerably. From January through May 2014, the number of homeowners seeking assistance from the Housing Mobility Program has more than quadrupled. Presently, the program is working with 150 families, many of them seeking to transition from homeownership to affordable rental housing […]

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New Consumer Financial Protection Bureau Mortgage Servicing Rules Are Now In Effect

On January 10, 2014, the long-awaited Consumer Financial Protection Bureau (CFPB) mortgage servicing rules went into effect. Advocates and homeowners welcome these necessary protections and are hopeful the new rules will ease confusion for homeowners and advocates pursuing loss mitigation options. The new rules will mean fewer homeowners needlessly placed into foreclosure and greater assistance […]

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How MAP Can Help Homeowners Recovering from Sandy

As New York City homeowners continue the costly recovery from Hurricane Sandy, The Center remains committed to delivering resources to assist those most in need. For New Yorkers who are having difficulty with their mortgage payments, the Mortgage Assistance Program (MAP) is one potential source of financial assistance. MAP makes loans of up to $25,000 […]

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Homeowners Struggle With Lack of Information During Pandemic

A 9/11 survivor whose bank halted her mortgage modification due to the pandemic. A homeowner-landlord who hasn’t received rental income from tenants since the pandemic began. A woman who lost her income to COVID-19, and was unable to receive any relief from her mortgage servicer — not a payment plan, loan modification, or a forbearance. […]

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Letter to Hill Regarding the Homeowner Assistance Fund

February 8, 2021 The Honorable Nancy P. Pelosi Speaker U.S. House of Representatives Washington, DC 20515 The Honorable Charles E. Schumer Democratic Leader U.S Senate Washington, D.C. 20510 The Honorable Kevin McCarthy Minority Leader U.S. House of Representatives Washington, DC 20515 The Honorable Mitch McConnell Republican Leader U.S. Senate Washington, D.C. 20510 Dear Speaker Pelosi, […]

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Why We Need A Homeowner Assistance Fund

There is a lot to praise about President-elect Biden’s proposed $1.9 trillion relief package aimed at combating the economic crisis and COVID 19 pandemic, including stimulus payments, rental assistance and an extension of unemployment insurance. Those efforts will go a long way toward stabilizing vulnerable communities. However, the relief package falls short in addressing the […]

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Exploring racial inequalities in NYC home loans and home values

by Ayana Littlejohn, Analytical Consultant, SAS I am a Black woman in tech. Most days I find that I’m the only woman or person of color in the room, and because of that, I have constantly sought ways to use the powerful tools and skills I’ve harnessed over the years – in my education and […]

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Housing Affordability Breakthrough Challenge: Underwriting for Good

​N E W S  R E L E A S E For Immediate Release:   September 22, 2020  Contact: Cristian Salazar, cristian.salazar@cnycn.org Katie Groenke, katie.groenke@berlinrosen.com  Center for NYC Neighborhoods Receives $2.5 Million Award to Develop a Digital Product for Mortgage Lending to Increase Racial Equity in the Homebuyer Market Housing Affordability Breakthrough Challenge by Enterprise Community […]

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Affordable Homeownership Summit 2020

We hope you’ll join us at this year’s virtual Affordable Homeownership Summit, Wednesday, October 7 and Thursday, October 8. Tickets are now available! Contact fundraising@cnycn.org with any questions. For our seventh annual Affordable Homeownership Summit, hundreds of leaders, policymakers, elected officials, lenders, and advocates will convene online to discuss the challenges facing low- and moderate-income […]

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Landlords and tenants are both struggling, but working together is key

Working-class homeowners and their tenants have long come to rely on one another for stability amidst New York City’s volatile housing landscape. On the one hand, homeowners rent out apartments in their properties to help pay their mortgages and other housing expenses. On the other hand, tenants rely on homeowners to offer them apartments that […]

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