Long Island Housing Partnership Inc

Technical assistance:lihp provides technical assistance services to municipalities, not-for-profit housing organizations and for-profit developers to facilitate the creation of affordable housing. Services provided include the administration of applicant waiting lists, conducting lotteries, determination of applicant eligibility and re-certification, applicant financial counseling and assistance, and serving as an intermediary between the builders of affordable housing and the communities in which we serve. Lihp assisted 1,146 households in 2024 through its technical assistance programs. Of these 1,146 units, 1,014 were rentals, 15 were homeownership and 117 were limited equity cooperative units. 13 new technical assistance agreements were executed in 2024 for various developments, representing 107 additional units. Of these 13 developments, 10 are for rentals (representing an additional 98 affordable units) and 3 are for homeownership (representing an additional 9 affordable units) in 2024, lihp assisted 1,146 households through its technical assistance programs-in 2024, 10 new affordable housing developments became active, either through a virtual lottery or commencement of a first-come first-served application process, making 110 additional affordable units available for qualified households. -for 2024, lihp had 58 active technical assistance agreements for which we provided rental or first-time homebuyer services. Of these 58 agreements, 50 were for rental developments and 8 were for home ownership developments.-as of january 2025, lihp has 17 additional technical assistance agreements which are executed but were not active in 2024 for either rental or first-time homebuyer services. These 17 agreements represent an additional 253 units.-lihp also has a technical services agreement in connection with a 117- unit limited equity cooperative development (highland greens) through which lihp provides general assistance and designate representatives to serve as board members.

Default and foreclosure counseling:homeowners who are facing default on an existing mortgage or other related issues can meet with a counselor to discuss how to get back on track with their mortgage lender. The counseling focuses on determining the amount and extent of the default, the reason for delinquency and possible options which could be available to the homeowner to resolve the delinquency. To help and assist homeowners continues to be difficult and challenging. With no funds available to assist (haf) it is a very challenging environment. We feel there needs to be better efforts from servicers to help homeowners retain their property. Allowing the homeowners to keep their existing rates if lower than market rates. In addition, the broader economic environment such as loss of income, increase in property taxes/home owner's insurance and inflation makes it difficult for the homeowner to recover. Lihp continues to work with local municipalities and nys oag office on outreach seminars to bring awareness to the long island community.-lihp had 72 intake applications in 2024-provided default and foreclosure counseling to three clients in need in 2024-lihp secured $257,283 in hopp year 12 funding from the nys attorney general for foreclosure prevention counseling for the grant period of 7/16/2024 through 7/15/2025.

Suffolk county land bank:-suffolk county land bank (sclb) is continuing to use funds from enterprise foundation to rehabilitate homes that have been foreclosed. Sclb contracted with the long island housing partnership to rehabilitate these homes. -lihp also completed one home rehabilitations on a home located in bay shore, ny. This home is anticipated to be sold in 2025in 2024, lihp continued to outreach/market and sell homes in the community land trust homes.to date: -26 homes are currently held in the clt (25 sold; one leased)-current annually fees generated $54,600