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1. Home Repair - General Information

HOME IMPROVEMENT PROGRAM: This program provides no-interest, deferred payment loans to qualified low and moderate income homeowners in the Town of Babylon. The purpose of the loan is to improve housing conditions and correct housing code violations by repairing and rehabilitating health and safety hazards, and bringing the home to meet Town Code. This program is administered by Community Development Corp of Long Island. For additional information, call (631) 471-1215, and select option 6. 

PROGRAM HIGHLIGHTS: The maximum loan is $50,000 to correct substandard housing code violations. 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. 

GENERAL CONDITIONS:

• Residences must have all applicable Town of Babylon Permits/ CO’s in place at the time of application
• Homes with second kitchens are not allowed
• Homes with more than one meter are not allowed
• Residences cannot contain any rental units or any legal accessory apartments
• Be current on property taxes, home insurances and mortgages

2. What are eligible home repairs or improvements and what are the requirements?

ELIGIBLE HOME REPAIRS OR IMPROVEMENTS:

• Structural Improvements
• New Windows and Doors
• Vinyl siding
• Electrical Improvements
• New Roof
• New Heating Systems
• Insulation and Energy Conservation
• Plumbing
• Handicapped Improvements, etc.

REQUIREMENTS:

• Town of Babylon resident with a valid deed
• Mortgage, taxes and homeowners insurance paid up to date
• Household income not to exceed HUD maximum income guidelines
• Must have no more than one mortgage/lien existing on home
• Owner occupied (at least 1 year)

INCOME GUIDELINES: Family Size / Maximum Income* 

1 / $72,500
 2 / $83,150
 3 / $93,550
 4 / $103,900
 5 / $112,250
 6 / $120.550
 7 / $128,850
 8 or more / $137,150
 *Income limits subject to change pursuant to HUD requirements.