The New York Mortgage Coalition (NYMC) is a nonprofit collaboration of financial institutions and community housing agencies focused on expanding the opportunity for responsible and sustainable homeownership to minority, and low and moderate income individuals and families in the five boroughs of New York City, as well as the surrounding counties of Nassau, Suffolk, Dutchess, Orange, Rockland, and Westchester.
NYMC supports its neighborhood-based nonprofit members in their pre-purchase counseling, post-purchase education, and financial literacy programs. Coalition members provide the public with access to the tools to achieve the dream of homeownership including information on competitive, fixed-rate loans, closing cost grants, and down payment assistance. NYMC also supports its member agencies who play a leading role in preserving homeownership offering informational workshops and one-on-one counseling to troubled homeowners through foreclosure prevention programs.
Nick Lynaugh on 05/03/2016
The weather is finally heating up a bit! Enjoy it while it lasts, because it won’t be long before your central air breaks down on a 90 degree day and your landlord is nowhere to be found. Wouldn’t you like to be in control of your own living space? Homeownership is more affordable than you might think. Check out some of these events held by NYMC members and find out if homeownership is right for you. You could beat the heat this summer in your own cool house!
- Susan Belanich on 05/01/2016
Nick Lynaugh & Susan Belanich on 04/12/2016
Almost 50 years ago, the Fair Housing Act was passed as part of the monumental Civil Rights Act of 1968. The main goal of the act has been to protect both buyers and renters from seller or landlord discrimination in the housing market. People of all races, creeds, and national origins are protected under the Fair Housing Act, as well as all genders, people with disabilities, and families with children according to expanded legislation. The U.S. Department of Housing and Urban Development, better known as HUD, is dedicated to guaranteeing fair housing opportunities for all, a goal which is celebrated every April with Fair Housing Month!