MORTGAGE ARREARS PROGRAM - TOWN OF BABYLON | LONG ISLAND HOUSING PARTNERSHIP
180 Oser Avenue, Suite 800, Hauppauge, NY 11788
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Babylon town, NY
Description
The Town of Babylon (Town) is making CDBG-CV funds available for low to moderate income Town of Babylon residents with mortgage arrears incurred due to a COVID-19 related loss of income. The Long Island Housing Partnership (LIHP) will administer the program. The aggregate amount of arrears payable under the Program cannot exceed $50,000 per household. No more than six consecutive monthly payments may be made. The first payment will be inclusive of all eligible accrued arrears subject to the cap.
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What's Here
Providing organization
LONG ISLAND HOUSING PARTNERSHIP
Provides affordable housing, educates and assists first-time homebuyers, provides foreclosure prevention services, administers workforce housing programs and advocates for housing issues on a regional and national level. Not affiliated with Long Island Housing Services.