Town of Babylon Home Improvement Program (HIP)

The purpose of the loan is to improve housing conditions and correct housing code violations by repairing and rehabilitating health and safety hazards. The maximum loan is up to $50,000 to correct substandard housing code violations and an additional $15,000 lead abatement. There is no interest. Payment of the loan is deferred until the property is sold, the title is transferred or the home is refinanced for cash out. Monthly payments are not required. The loan is secured by a mortgage placed against the property. Please be aware that refinancing your mortgage requires a subordination review by the Community Development Program or payback of funds, and home equity loans are not permitted.
  • Owner:

  • Application Period:

  • Application Type:

  • Application Fee:

This program is currently closed.

Requirements

Unit Size
AMI
Monthly Rent
Units Available
Household Size
Annual Income: Minimum - Maximum
Studio
80%
$2,186
1
1 person
$55,416 - $92,350
-
-
-
-
2 person
$55,416 - $105,550
1 Bedroom
80%
$2,330
1
1 person
$59,376 - $92,350
-
-
-
-
2 person
$59,376 - $105,550
-
-
-
-
3 person
$59,376 - $118,750

Program Guidelines

Make sure to review the Program Guidelines before submitting your application.

Contact Owner to Receive Application

Email owner to receive application.

If you have any questions regarding any of the Program Guidelines, or need any assistance including language assistance such as translation and/or oral interpretation services, please email LIHP at rentals3@lihp.org  before applying. Employees of LIHP and their immediate family members are precluded from participating in the program.

Si tiene alguna pregunta con respecto a cualquiera de las Pautas del Programa, o necesita ayuda, incluida asistencia lingüística, como servicios de traducción y/o interpretación oral, envíe un correo electrónico a LIHP a rentals3@lihp.org  antes de  presentar su solicitud.

The Cornerstone Westbury, LLC (the “Owner”) is now accepting Applications, on a first-come first-served basis, for two (2) affordable rental units (the “Affordable Units”) in the Village of Westbury within the rental complex known as “The Cornerstone Westbury.”

Applicants must have household with incomes that do not exceed 80% of the HUD Nassau/Suffolk area median income as set forth below.

ALL PROGRAM GUIDELINES APPLY.

APPLICATIONS FOR RESIDENCY MUST BE SUBMITTED DIRECTLY TO OWNER AND NOT TO LIHP

The Owner’s Application for Residency is available by contacting Owner directly at (516) 368-8848 or emailing at cswestburymgr@greystar.com or cornerstonewestbury@greystar.com

Applications may be submitted as follows to Owner:

DO NOT SUBMIT THE APPLICATION TO LIHP.  IT MUST BE SENT TO THE OWNER DIRECTLY.

NOTE: Owner requires the following documentation to be submitted with the Application:

  1. Two months of consecutive paystubs and or bank statements.
  2. Copy of photo I.D.
  3. Money order (made out to Cornerstone Westbury LLC) in the amount of $20.00 per applicant for tenant screening costs.

APPLICANTS ARE ADVISED THAT IF APRROVED BY OWNER, APPLICANTS MUST THEN BE REVIEWED FOR INCOME ELIGIBILITY BY LIHP.

PLEASE CONSULT THE PROGRAM GUIDELINES FOR ALL PROGRAM REQUIREMENTS. SUBMISSION OF REQUIRED DOCUMENTATION OR DETERMINATION OF INCOME ELIGIBILITY DOES NOT GUARANTEE ELIGIBILITY FOR A UNIT.

IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT THE OWNER DIRECTLY AT (516) 368-8848 OR EMAIL THEM AT cswestburymgr@greystar.com OR cornerstornewestbury@greystar.com

PLEASE CONSULT THE PROGRAM GUIDELINES FOR ALL PROGRAM REQUIREMENTS. SUBMISSION OF REQUIRED DOCUMENTATION OR DETERMINATION OF INCOME ELIGIBILITY DOES NOT GUARANTEE ELIGIBILITY FOR A UNIT. ALL FAIR HOUSING LAWS WILL BE FOLLOWED.

 LIHP IS NEITHER THE OWNER, LANDLORD, MANAGER OR LEASING AGENT. FINAL ELIGIBILITY FOR TENANCY AND OCCUPANCY IS THE SOLE DETERMINATION OF THE OWNER. LIHP’S ROLE IS LIMITED TO INCOME QUALIFYING APPLICANTS. ANY REQUEST FOR A REASONABLE ACCOMMODATION REGARDING ANY UNIT MUST BE CONVEYED TO AND PROCESSED BY THE OWNER.