Yonkers Owner-Occupied Rehabilitation Program

City of Yonkers Community Development (CDBG)

Available Home Repair

About This Program

Provides forgivable loans for major home repairs to owner-occupied homes in Yonkers for households at or below 80% AMI. Loan is forgiven after 5 years of continuous owner-occupancy and compliance with program requirements.

Forgivable loan amount based on scope of necessary repairs, no repayment if 5-year occupancy maintained

Key Details

  • Forgivable loan for major home repairs
  • Income at or below 80% AMI required
  • Must be owner-occupied in Yonkers
  • Forgiven after 5 years of compliance
  • Covers structural, mechanical, and system repairs

How to Apply

Deadline: Rolling applications, subject to annual funding

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