Help Is Here for Struggling Co-op and Condo Residents (NY)

Struggling low- and moderate-income homeowners — including those in co-ops and condominiums — can now apply for financial help from the state’s $539 million Homeowner Assistance Fund, Crain’s reports. The program will provide aid to eligible homeowners at risk of default, foreclosure or displacement because of the pandemic. The money can be used to pay arrears in monthly charges, utilities, water and sewer bills, taxes, mortgage debt and various other expenses.   Read the entire article……………………………….

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