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< Homeowner Resources Foreclosure Intervention Contact CDLI before it's too late 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 The below videos with our housing counselors explain the process in more detail: 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. Reach out today. Requirements Have a mortgage Have either an anticipation that you'll fall behind on your mortgage or Actually be behind on your mortgage payment Apply Apply 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. Previous Next Related Programs Foreclosure Intervention Contact CDLI before it's too late Learn More Reverse Mortgage Have your equity help pay for your everyday high expenses Learn More Community Power Program Reduce your monthly electric bill by 10% Learn More Weatherization Assistance Program Energy efficiency measures that reduce costs and improve safety Learn More

< Dreaming of Homeownership Down Payment and Closing Cost Assistance A low-interest rate loan for down payment and closing costs 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 an NYS-approved lender. All borrowers are required to complete CDLI’s NeighborWorks Home Buyer Education Program. The interest rate is fixed (3%, 3.25%, & 3.5%), 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 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. Apply Apply Here Contact Info Phone: (631) 471-1215 ext. 1510 or 1930 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. Previous Next

< Dreaming of Homeownership Online Homebuyer Education Key concepts surrounding homebuying and homeownership 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 learning tools listed Apply Apply Here Contact Info Phone: (631) 471-1215 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. Previous Next

< Homeowner Resources RESTORE Program Currently Unavailable Details The RESTORE Program provides income-eligible homeowners, 60 years of age and older, the resources to make necessary emergency repairs to address hazardous conditions posing a threat to life, health, or safety of the elderly homeowner. Funds are available for repairs up to $10,000 per home. Typical repairs may include: Heating system repairs or replacements Electrical repairs or upgrades Plumbing repairs that pose a health risk such as water supply and septic issues Structural repairs such as deteriorated foundations, roofs, floors, stairs, decks, doorways, windows and porches Accessibility measures such as ramps and grab bars Requirements Please contact before applying. Apply Apply Here Contact Info Phone: (631) 471-1215 ext. 155 Email: restore@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. Previous Next Related Programs Foreclosure Intervention Contact CDLI before it's too late Learn More Reverse Mortgage Have your equity help pay for your everyday high expenses Learn More Community Power Program Reduce your monthly electric bill by 10% Learn More Weatherization Assistance Program Energy efficiency measures that reduce costs and improve safety Learn More

< Homeowner Resources Septic Replacement Loan Program A low-interest rate loan to update failing septic systems 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 with zero application fees, and zero closing costs is now available to assist with the installation of a Suffolk County approved septic system replacement! This new loan from CDLI is made available in conjunction with the Suffolk County Septic Improvement Program. Under the Suffolk County Septic Improvement Program, homeowners may apply for a grant from Suffolk County to assist with the cost of replacing outdated and failing septic systems with state-of-the-art nitrogen reducing systems designed to reverse decades of damaging nitrogen pollution of ground and surface waters. CDLI will then make its low interest loan available, if the homeowner is in need of additional funds to cover the costs of installing the new system. These loans are made available with NO application fees and NO closing costs. The purpose of the loan is to provide “gap” funds to finance the difference between the Suffolk County grant and the contract amount needed to install the replacement septic system. Loan amounts cannot exceed $10,000. Remember: The purpose of the loan is to provide gap funds to finance the difference between the grant provided by Suffolk County and the contract amount needed to install the septic replacement system (up to $10,000). Requirements 1. Apply for Suffolk County Grant If you have not already, apply for the Suffolk County grant APPLY HERE 2. Suffolk County Grant Certificate Obtain a Suffolk County Grant Certificate indicating the amount of your Suffolk County grant. 3. Check if you are pre-qualified To assist in installer selection, you may want to be pre-qualified. APPLY HERE 4. Determine Final Installation Cost Obtaining an engineer’s report to determine appropriate system Interviewing installers and obtain a quote Filing all applicable permits and determine all associated costs Contact us if you need help 5. Determine Eligible Loan Amount Final Installation Cost minus the amount of the Suffolk County Grant equals the Eligible Loan Amount (up to a maximum of $10,000) Apply for the Septic Replacement Loan Once you've completed steps 1 through 5 apply for the loan. You can always contact us for help. Apply Apply Here Contact Info Phone: (631) 471-1215 ext. 1510 or 1930 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. Previous Next Related Programs Foreclosure Intervention Contact CDLI before it's too late Learn More Reverse Mortgage Have your equity help pay for your everyday high expenses Learn More Community Power Program Reduce your monthly electric bill by 10% Learn More Weatherization Assistance Program Energy efficiency measures that reduce costs and improve safety Learn More

< Property Developers & Owners Housing Choice Voucher Program (for Landlords) Providing affordable housing in our communities while receiving timely and dependable rental payments Details The Housing Choice Voucher (HCV) program (previously referred to as Section 8) assists families and individuals to afford decent, safe, and sanitary housing in the private market. The participant is free to choose any housing that meets the requirements of the program, including single-family homes, townhouses, and apartments, and is not limited to units located in subsidized housing projects. Once the tenant and landlord sign a lease, the tenant's family typically contributes 30%-40% of their income towards rent and utilities, and the HCV program pays the remainder directly to the landlord. CDLI is the Local Administrator for the New York State Homes & Community Renewal (HCR) Housing Choice Voucher program on Long Island and select rental properties in Brooklyn, NY. Benefits of Being an HCV Participating Property Owner: You will get timely and dependable payments from the Public Housing Authority (PHA). Participating, compliant landlords will receive timely and dependable housing assistance payments (HAP) each month once the HAP contract and lease are signed. Payments are made directly into the property owner’s account, no worries about lost checks or late payments. Potential for limited unit turnover. The average HCV participant remains in a unit for 7-8 years. You will get your full rental payment. When an HCV tenant’s income permanently changes, the portion of rent paid by the PHA and the tenant is adjusted to reflect this change. This provides financial protection to landlords in that if an HCV tenant’s income decreases, there is a process for the PHA to pay a larger portion of the rent to the landlord so the landlord continues to receive a full rental payment. You will receive regular inspections. Some landlords appreciate the routine inspections because they provide an opportunity to check on the condition of the unit. This can result in identifying maintenance needs that may have otherwise gone unnoticed for some time. Landlords that own or manage properties across wide geographies in particular tend to appreciate the value in having a routine, objective inspection of their rental units. Please note property owners of subsidized units are required to comply with all relevant state and local codes in addition to HQS requirements. If a property owner has units in a municipality where rental permits are required, it is expected that property owners obtain and maintain compliance with all applicable rental permit requirements. CDLI may, upon request, require submission of documentation to demonstrate rental permit or other state/local code compliance. You may request annual reasonable rent increases. Compliant landlords may request a rent increase at the annual anniversary of the HAP contract by written notice to the PHA. You can help low-income elderly, disabled, and veteran households, as well as families with children by providing affordable housing. More than 50 percent of vouchers serve elderly or non-elderly disabled families. About 45 percent of vouchers assist single-parent families. Learn more about participating in the HCV Program: Information about the benefits and myths about being an HCV Property Owner: English Spanish Steps to become an HCV Participating Property Owner: English Spanish Existing HCV Property Owners If you are a landlord and have a listing you would like to add to our Housing Resource Booklet that is shared with tenant participants, fill out our form here: https://cdcli.tfaforms.net/4866568 Payment Standards and Rent Increase Information The resources below provide information regarding potential rental rates and rent increases for units participating in the HCV program. Please read through the HCV Program Payment Standard and Rental Increase Guidance document to assist in determining potential rent or opportunities for rental increases. They can be found here: https://cdli.org/housing-choice-voucher-tenants#payment-standards-and-rent-increase Making Moves The Making Moves program provides housing mobility coaching and financial assistance to Housing Choice Voucher (Section 8) families that have children aged 18 or under who are interested in living in well-resourced areas and offers possible additional landlord incentives. Source of Income Discrimination Everyone deserves a place to make their home, including tenants who receive government assistance. A rental applicant cannot be rejected or steered based on their lawful source of income. Learn more here: https://www.homeforallofus.org/source-of-income/ Housing Quality Standards (HQS) Inspections Resources Property owners must maintain compliance with all HQS requirements. Please note property owners of subsidized units are required to comply with all relevant state and local codes in addition to HQS requirements. If a property owner has units in a municipality where rental permits are required, it is expected property owners obtain and maintain compliance with all applicable rental permit requirements. CDLI may, upon request, require submission of documentation to demonstrate rental permit or other state/local code compliance. Below are some resources related to HQS inspections: HQS Form: Form utilized to complete HQS inspections, along with summary information regarding minimum criteria. https://www.hud.gov/sites/dfiles/OCHCO/documents/52580A.PDF HQS Administrative Plan Chapter: Full HQS requirements. https://www.hud.gov/sites/documents/DOC_35620.PDF Most Common HQS Failures: Reviewing your property and correcting for common HQS failures reduces the likelihood of a failed inspection. No Access – The Inspector must have access to the basement and all rooms for inspection. Inspection appointment letters are mailed to tenants ~2 weeks prior to inspection. Please follow up with the tenant to confirm their typical inspection month and/or date. Electrical – Ground Fault Circuit Interrupter (GCFI) outlets are required within 6 ft of water sources (Tubs, sinks, etc.). Outlets must be wired properly (no open grounds, reverse polarity, hot/neutral reverse, etc.). No exposed wiring, missing cover plates, or open gaps in the electrical panel. Inoperable Smoke/Carbon Monoxide Detectors – Smoke detectors are required in each bedroom. Smoke and carbon monoxide detectors are required on each level. Deteriorated and Unstable Paint Surfaces – Peeling, cracking, chipping paint. Security – All doors and windows accessible from outside must lock and be Double keyed deadbolts not permitted. Cutting Hazards – Broken glass, cracked floor tiles, countertops, protruding nails, etc. Infestations – Presence of roaches, mice, bedbugs, fleas, etc. Utilities – All utilities must be in service. Missing Handrails – Handrails are required for four or more steps. Update your Contact Information Stay connected electronically by providing your email and mobile: https://cdcli.tfaforms.net/4866621 Sign Up for HUD Landlord Newsletters: https://www.hud.gov/subscribe/signup?listname=Landlord&list=LANDLORD-L Requirements N/A Apply Apply Here Contact Info Phone: (631) 471-1215 Email: landlordforum@cdcli.org Previous Next

< Homeowner Resources Cesspool or Septic System Replacement and Retrofit Loan Find help on updating your failing cesspool 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 guidelines Interest rate: 3% or 5% depending on the percent of the applicant’s household income in relation to the Area Median Income (AMI) 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 Requirements Please contact us before applying. Apply Apply Here 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 CDCLI’s Rehabilitation Specialists. Previous Next Related Programs Foreclosure Intervention Contact CDLI before it's too late Learn More Reverse Mortgage Have your equity help pay for your everyday high expenses Learn More Community Power Program Reduce your monthly electric bill by 10% Learn More Weatherization Assistance Program Energy efficiency measures that reduce costs and improve safety Learn More

< Property Developers & Owners Plus One ADU Program Code-compliant ADU can provide additional source of income Details Accessory Dwelling Units (ADUs) are secondary housing units on a single-family residential lot. ADUs benefit homeowners, renters, and the community by creating more housing options while maintaining the character of single-family residential suburban and rural communities. For homeowners, a code-compliant ADU can provide an additional source of income, flexibility for multi-generational housing, and an increase in property value. CDLI has been selected by New York State Homes and Community Renewal to administer the new Plus One ADU Program in the Town of Babylon, Shelter Island, and Southampton. The Plus One ADU Program provides a full-service program to support low- and middle-income single-family homeowner occupants who wish to: Build a new accessory dwelling unit on their property OR Improve an existing ADU that needs to be brought into compliance with code requirements. Program Highlights Up to $125,000 in grant funding including project management costs per ADU constructed. Program support includes ADU design, permitting, and construction costs including oversight and closeout. Household annual income must be below the current Nassau/Suffolk Area Median Income (AMI) based on family size.[1] Homeowners and renters must maintain year-round residency and keep the property in good condition and repair for 10 years or until the sale of the property[2] Applications are now available! Please click below to apply. Requirements Click here for our interest form What documents do I need to apply? Babylon Residents click here Shelter Island Residents click here Southampton Residents click here Click here for FAQs [1] Currently $156,300 for a family of 4. [2] In the event of the sale of property or non-compliance, the amount of grant funds will be subject to repayment in accordance with a simple annual declining balance, based on the ten-year regulatory period. Apply Apply Here Contact Info Phone: (631) 471-1215 Email: PlusOneADU@cdcli.org Previous Next

Rental Assistance Family Self-Sufficiency (FSS). Where do you see yourself in 5 years Read More Housing Choice Voucher Program (for Tenants). Rental assistance Read More Multi-Family Rentals Listing of rental properties that we have helped to develop Read More

< Homeowner Resources Community Power Program Reduce your monthly electric bill by 10% 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. Requirements Learn more and sign up using the link below. Apply Apply Here 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. Previous Next Related Programs Foreclosure Intervention Contact CDLI before it's too late Learn More Reverse Mortgage Have your equity help pay for your everyday high expenses Learn More Community Power Program Reduce your monthly electric bill by 10% Learn More Weatherization Assistance Program Energy efficiency measures that reduce costs and improve safety Learn More