Neighborhood Housing Services (NHS)

In partnership with Neighborhood Housing Services (NHS) of New York City, the NHS program provides the following direct, low-interest home improvement loans.

  • Emergency Repair Loans: Loans up to $10,000 to correct health and safety-related emergency situations such as roof leaks, water main breaks or heating system repairs of the subject building in the five boroughs.
  • Revolving Loan Fund (RLF) Core Loans: Loans for large repairs and renovation of the subject building in selected neighborhoods.

Who is eligible to apply?

Owners of one- to four-family homes in the five boroughs.

How do the loans work?

The loans range from $5,000-$50,000 with interest rates between 2% and 5%. Terms range from 5 to 30 years.

How to apply?

Visit Neighborhood Housing Services to access the application as well as detailed information on the list of documents requested for processing your loan.


Contact Lisa Robinson of NHS at 212-519-2552, or contact HPD at or 212-863-6700. Our team will be happy to further discuss the program and guide you through the process.