New York City Seeks Administrator for Homeowner Repair Loan Program Expansion

The New York City Department of Housing Preservation and Development ( HPD ) is hereby soliciting a program administrator to oversee HomeFix 2.0, a comprehensive city-wide homeowner repair loan program, for three years or more.

HomeFix program which launched in November 2019 sought to streamline resources and lending strategies for owners of 1-4 family homes and provide tailored assistance by pairing low- interest and deferred/forgivable loans for home repairs with financial counseling to help keep owners in their homes.

Since its launch, more than 4,000 homeowners have completed a HomeFix expression of interest form; however, the program is currently resourced to serve only about 100 homeowners per year.

HomeFix 2.0 will build on the success of the original program model to serve an approximately additional 50 homeowners per year and will incorporate energy efficiency and resiliency upgrades for homeowners that would benefit from reduced utility costs, sustainability measures, as well as flood risk mitigation measures.

Enhancing and expanding the current HomeFix program will allow the Department of Housing Development and Preservation ( HPD ) to not only address critical deferred maintenance repair needs of low- and moderate-income homeowners of 1-4 family homes, but also support larger climate resiliency goals that disproportionately impact low-income communities throughout New York City Agency: Housing Preservation and Development Status: Award