Creating Affordable Housing in New Rochelle
The high cost of housing in Westchester County has made affordable housing a priority in New Rochelle. The City has passed affordable housing legislation for new private developments requiring minimum set-asides of affordable units or a payment into an Affordable Housing Fund used to construct new units. Eligible renters may receive rental assistance from the City’s Section 8 Program to reduce their rent burden depending on the status of the waiting list.
New Rochelle also has a wide choice of affordable rental housing in the City.
Westchester County has information on affordable housing opportunities including rental units available on the County's website.
More information on Federal Housing Programs is available on the HUD website (US Dept. of Housing and Urban Renewal) En Espanol
Emergency Rental Assistance
If you’re a renter having trouble paying your rent, utilities, or other housing costs – or if you’re a landlord trying to stay afloat with tenants in this situation – help may be available. State and local programs are distributing billions of dollars in rental assistance to help renters stay housed during the pandemic.
Visit the CFPB’s Rental Assistance Finder to find out what this means for you and what you can do. The CFPB’s site also includes resources to help renters and landlords understand other resources to help navigate various financial hardships related to the pandemic.
The federal eviction moratorium expires this week and millions are at risk of losing their homes. This step-by-step guidance can help:
FHA Borrowers Are Eligible for COVID-19 Forbearance Relief
FHA Borrowers Should Act Now
If you are struggling to make your mortgage payment on your FHA-insured mortgage because of COVID-19, help is available. Here are the steps you should take now.
Contact your mortgage servicer and request a COVID-9 forbearance. When working with your servicer, you should:
1) State that you are having a financial hardship due to COVID-19. You will not be required to provide documentation of this hardship;
2) Request a COVID-19 Forbearance for your mortgage payments;
3) Ask your servicer to confirm the details of your agreement in writing.
For help talking to your mortgage servicer or understanding your options, contact a HUD-approved housing counseling agency in your area.
Are you on an FHA COVID-19 Forbearance Plan that is about to expire on July 31st? You may be eligible for more asssitance. Please reach out to your mortgage servicer today. Learn more