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Home How We Can Help Details As many Long Island homes continue to age, maintenance and upkeep need to be done. The question becomes how to pay for those repairs. Community Development Long Island has available low-interest home improvement loans for eligible Long Island homeowners. We will help to identify the repairs, contract with licensed contractors to get the best prices and finance the cost of repairs up to $25,000. Community Development Long Island and NYS Affordable Housing Corporation is also providing deferred loans to eligible Long Island homeowners, so inquire today! Loans can be used to make the following types of repairs: Electrical Plumbing HVAC Energy Efficiency Measures Structural, Health, & Safety Measures CDLI will manage the process, bid out your job with reputable contractors, and get you the fairest price. If you decide to have CDLI manage your construction, there is a fee. Loans are for a period of 15 years and can be paid off in advance with no prepayment penalty. All loans will be secured with a note and mortgage. Interest rates vary between 4% or 6%, based on household income in relation to the Area Median Income (AMI). Requirements Contact us today and find out if a reverse mortgage is right for you Contact Info Phone: (631) 471-1215 ext. 1510 or 1930 or 2580 Email: homeloan@cdcli.org Disclosure We are a nonprofit exempt mortgage banker. Loans are arranged through third-party vendors. CDLI Funding Corporation is a Fair Housing and Equal Opportunity lender. Take Action Apply today! Apply Home Improvement Loan Low-interest loan for eligible Long Island homeowners.

Home How We Can Help Details At CDLI, we are passionate about keeping people in the homes that they have worked so hard to get. The Foreclosure Intervention program is a free program specifically for those who are going through mortgage challenges. A potential foreclosure can happen to anyone, often due to forces out of their control, such as: Loss of a job Unexpected medical expenses Divorce Condo or co-op assessment Tax increase Mortgage rate adjustment Here’s the key: the sooner you come to see us, the better. Our HUD-certified housing counselors can help you navigate the complexities involved with the foreclosure process. There are a wide range of options available to homeowners, including: Creating a personalized action plan Legal referrals for pro bono help CDLI communicating with your lender on your behalf Mortgage modifications for eligible customers Transition options Financial coaching for budgeting and debt issues Our housing counselors explain the process in more detail in the video below:: The Foreclosure Intervention program is available for free at no cost to the homeowner. It is sponsored through the New York State Homeowner Protection Program, which is from the Office of the Attorney General. At CDLI, our housing counselors are on your side so you do not have to navigate this complicated process by yourself. You have an advocate in your corner. Requirements: Have a mortgage Have either an anticipation that you'll fall behind on your mortgage or Actually be behind on your mortgage payment Create Your Account If you are ready to jump into your education, create an account to view our programs and register for classes. Create Your Account Here. Contact Info Phone: (631) 471-1215 ext. 1580 Email: homeownershipcenter@cdcli.org Disclosure We are a nonprofit exempt mortgage banker. Loans are arranged through third-party vendors. CDLI Funding Corporation is a Fair Housing and Equal Opportunity lender. Take Action Reach out today! Contact Us Foreclosure Intervention Contact CDLI before it's too late.

Home How We Can Help Details CDLI’s Voucher Homeownership Program enables existing Housing Choice Voucher participants to accomplish healthy and sustainable homeownership through subsidies and creative financing. Families that are currently participating in the Housing Choice Voucher Program administered by CDLI and other housing authorities in Nassau and Suffolk Counties are eligible. Each household is evaluated in accordance with their income so that a maximum of 40% of their monthly gross income goes toward payment of principal, interest, taxes, and insurance payments (PITI). They obtain a mortgage for an amount they can afford through a conventional or FHA-insured lender. The difference between the conventional mortgage amount that the applicant can afford and the purchase price of the home, less the down payment, determines the amount of a second mortgage provided by CDLI’s affiliated Community Development Financial Institution (CDFI). Learn about the requirements and benefits of the program, and how CDLI can help you use your Housing Choice Voucher to accomplish homeownership. Requirements One-month consecutive paystubs (anyone over 18) Two years W-2 forms Proof of any additional income as reported in the application If self-employed, provide three years signed Federal tax returns with all schedules Owners of companies must provide corporate tax returns form (1120/ 1120-S, or 1065) with a Year-To-Date Profit & Loss statement Photo ID for all borrowers and Employee ID or Medical Card Non-refundable loan application fee of $120 Proof of Home Owner’s Insurance CDLI Home Buyers Education Certificate Section-8 Family report Voucher Homeownership Orientation Sign up for the orientation here .. Contact Info Phone: (631) 471-1215 ext 1580 Email: homeownershipcenter@cdcli.org Disclosure We are a nonprofit exempt mortgage banker. Loans are arranged through third-party vendors. CDLI Funding Corporation is a Fair Housing and Equal Opportunity lender. Take Action Apply today! Apply Voucher Homeownership (VHO) Accomplish homeownership with your Housing Choice Voucher.

Home How We Can Help Details eHome America is an online home buyer education class where you will learn how to: shop for a home; secure a mortgage; and maintain your home. Class fee is $99.00. Register now for America’s Premier Online Homebuyer Education. The Framework homebuyer course qualifies as the homebuyer education requirement for most local and national mortgage loan products and first-time homebuyer programs that require education. Learn what can you afford; how to fix or improve your credit; how to choose a realtor; how to shop for the best mortgage; the mortgage process; roles of the professionals involved in most home purchases; home inspection basics; and the closing process. Educate yourself for smart homeownership with Framework. Class fee is $75.00 Click Here and register Requirements Requirements are unique to each of the online learning tools listed Contact Info Phone: (631) 471-1215 ext 1580 Email: homebuyer@cdcli.org Disclosure We are a nonprofit exempt mortgage banker. Loans are arranged through third-party vendors. CDLI Funding Corporation is a Fair Housing and Equal Opportunity lender. Take Action Contact Us Online Homebuyer Education Key concepts surrounding homebuying and homeownership.

Home How We Can Help Details CDLI has been selected by New York State Homes and Community Renewal to administer an Affordable Home Ownership Development (AHOD) Home Improvement Program in Nassau and Suffolk Counties. Funds are made available through the New York State Affordable Housing Corporation. The Long Island Home Improvement Program provides income-eligible households the resources to make necessary repairs that will correct basic structural defects or repair basic building systems that threaten, or if not corrected could threaten, the health and safety of the dwelling’s residents. These home improvements are designed to prolong the useful life of each home as well as increase the dwelling’s health, safety, and sustainability. Funds are available based on need and on meeting the individualized needs of each household that applies. CDLI attempts to assist as many households as funding will allow. Due to the high demand for this program, there is currently a waitlist of approximately 2 years. ​ Typical repairs may include but are not limited to: Heating System Replacements Electrical Service Upgrade Roof Replacement Siding Gutters Energy Efficiency Windows & Doors Handrails, Stoops, & Walkways Structural Correction Health & Safety Measures Requirements Program Guidelines: HIP-Guidelines .pdf Download PDF • 731KB Required Forms: HIP-Required-Forms .pdf Download PDF • 282KB Verification of Non-Filing: Verification-of-Nonfiling-1 .pdf Download PDF • 74KB Asset Checklist: Asset-Checklist .pdf Download PDF • 76KB Contact Info Phone: (631) 471-1215 ext. 1020 Email: lihip@cdcli.org Disclosure Please note that all repairs are determined after a comprehensive home evaluation has been completed by one of CDLI’s Rehabilitation Specialists. Take Action Apply today! Apply Long Island Home Improvement Program Are you finding it difficult to make needed repairs to your home.

Home How We Can Help Details To further CDLI’s mission of increasing investment in neighborhoods, protecting the assets of homeowners, and protecting the environment, a low-interest rate loan product is now available to assist with the installation of a new septic system in homes with failing cesspools! ​ To reverse decades of damaging nitrogen pollution of ground and surface waters on Long Island, this new loan from CDLI is made available to assist with the cost of replacing outdated and failing septic systems with state-of-the-art nitrogen-reducing systems or a lesser-cost hybrid system. CDLI will make its low-interest loan available if the homeowner is in need of additional funds to cover the costs of installing the new system. Loan application fees and closing costs do apply to this product. Loan amounts cannot exceed $10,000. Available for homeowners anywhere on Long Island, near water, or further away in the center. Primarily, those homeowners who do not qualify for the Suffolk County program for Septic Replacement System. This loan product is not available for homeowners who are looking to replace a conventional cesspool with another conventional cesspool system. ​ Loan Guidelines Loans amount: $10,000 per household Houses must be residential single-family or two-family properties, owner or non-owner-occupied. Other type of houses can be considered on a case-by-case basis Property Taxes must be current A credit score of 625 will be used as an underwriting guideline Interest rate: 4% or 6% depending on the percent of the applicant’s household income in relation to the Area Median Income (AMI) UCC-1 filing fee of 50% The maximum loan term is 15 years UCC-1 filing is required to secure the loan Applicant(s) must be the legal owner(s) of the property A signed contract with the contractor is required ​ Loan Fees $120 application fee $125 processing fee 1% origination fee Contact Info Phone: (631) 471-1215 ext. 1510 or 1930 Email: homeloan@cdcli.org Disclosure Please note that all repairs are determined after a comprehensive home evaluation has been completed by one of CDLI’s Rehabilitation Specialists. Take Action Apply today! Apply Now Cesspool/Septic System Replacement & Retrofit Find help on updating your failing cesspool.

Home How We Can Help Details A low-interest rate loan, for down payment and closing cost assistance, is available for first-time homebuyers to avoid Private Mortgage Insurance (PMI) and whose income is no greater than 120% of the area median income (AMI) based on family size (see chart below). The loan may be for up to $75,000 and is subject to program underwriting guidelines. Funds from CDLI can be combined with borrowers’ own funds for up to 20% financing to avoid PMI. Eligible borrowers must have a commitment for a fixed rate first mortgage through a NYS-approved lender. All borrowers are required to complete CDLI’s NeighborWorks Home Buyer Education Program. The interest rate is fixed (4%, 4.25%, & 4.5%), set according to loan size, and subject to change. The maximum term of the loan cannot exceed the term of the first mortgage financing. The home must be owner-occupied, and the property type must be a co-op, condominium, single-family, or legal two-family located in Nassau or Suffolk County. The purchase price cannot exceed $500,000. Total combined loan-to-value (including all sources of secondary financing) must not be greater than 105% of the appraised value. All loans will be secured with a mortgage, and the income of all household members will be used to determine eligibility. There is a $120 nonrefundable application fee. Requirements First-time Homebuyer Income must be no greater than 120% of the area median income based on family size Have a commitment for a fixed rate mortgage through a NYS-approved lender The homeowner must occupy the home The property must be a co-op, condominium, single-family, or legal two-family located in Nassau or Suffolk County Purchase price at or under $500,000 Total combined loan-to-value (including all sources of secondary financing) must not be greater than 105% of the appraised value Pay a $120 nonrefundable application fee AMI is established by HUD and changes every year. If you believe your household income is over the threshold when accounting for family size, please do not make your own individual underwriting decision. Please call our office to talk to a loan officer. Contact Info Phone: (631) 471-1215 ext. 1510 or 1930 or 2580 Email: homeloan@cdcli.org Disclosure CDLI Funding Corporation is a Community Development Financial Institution, certified by the U.S. Treasury Department. CDLI is recognized by NeighborWorks America as an “exemplary organization.” We are a HUD approved housing counseling agency and a chartered member of NeighborWorks America. Take Action Apply today! Apply Down Payment and Closing Cost Assistance A low-interest rate loan for down payment and closing costs.

Home How We Can Help Details CDLI Housing Development Fund Corporation (“CDLI Housing”) offers a Rent-to-Own Program to help Long Islanders accomplish homeownership. Under this program, we acquire and renovate single family dwellings to high quality standards, including energy efficient and green measures. The properties are offered for rental to Long Islanders who have committed to accomplishing homeownership within the next three years. To achieve homeownership, tenants are required to participate in our Homeownership Center’s Financial Fitness Health and Wealth Program as well as complete a Homebuyer Education course. These programs are designed to assist participants in improving their credit rating, building their savings, and becoming eligible for mortgage financing. There are currently no homes available under this program, check back regularly for updates. Contact Info Phone: (631) 471-1215 ext 1580 Email: homeownershipcenter@cdcli.org Disclosure We are a nonprofit exempt mortgage banker. Loans are arranged through third-party vendors. CDLI Funding Corporation is a Fair Housing and Equal Opportunity lender. Take Action Contact us! Contact Us Rent-To-Own Program Helping Long Islanders to accomplish homeownership.

Home How We Can Help Details In collaboration with Home HeadQuarters, a nonprofit entity based in Syracuse, NY, CDLI offers loan packaging for potential buyers looking to acquire a manufactured home. CDLI staff will educate potential applicants on the loan process and take their applications. Home HeadQuarters’ staff will process and underwrite the loan. Contact Info Phone: (631) 471-1215 ext. 151 or 193 Email: homeloan@cdcli.org Disclosure We are a nonprofit exempt mortgage banker. Loans are arranged through third-party vendors. CDLI Funding Corporation is a Fair Housing and Equal Opportunity lender. Take Action Contact us! Contact Us Manufactured Home Loan packaging for acquiring a manufactured home.

Home How We Can Help Details CDLI has partnered with a New York State program that provides renters and homeowners a risk-free way to save 10% or more on their monthly electric bill. Credits are applied to your yearly electric expenses. Why participate? Benefits include risk-free savings. How does it work? Community Power Long Island’s Melville fuel cell farm adds electricity to the PSEG grid. Once you sign up, the utility distributes the energy to you in the form of an on-bill energy credit. Credits are applied to your monthly bill, and you save 10% while paying us only for the credits you use. Spots are limited, so don’t wait to take advantage of this great program, which will bring cleaner, cheaper power to Long Island renters and homeowners. Contact Info Phone: (855) 720-2701 Email: info@communitypowerli.com Disclosure By clicking on the link below, you allow CDLI to share your information with third parties that it engages with to ensure the facilitation of this program. Take Action Sign up today! Sign up Community Power Program Reduce your monthly electric bill by 10%.