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Homeowners

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Welcome to the Mayor's Office of Housing Homeowner's Page. Being a property owner has its challenges. From maintaining your property to financing, MOH provides programs for homeowners needing:

Refinancing

Property owners with MOH or former SFRA liens MUST work with one of our "approved lending officers" when they refinance. We will decline a subordination / refinance request if a lending officer is NOT on our "approved lending officer" list, even though they are with the same bank as our "approved lending officers".  Those who are on our approved list have attended our workshops, and understand what the City is looking for. You can find our current "approved list" HERE.

Property owners do not need to contact MOH regarding their subordination requests. Their selected "approved lending officers" and escrow officers will be responsible for sending us all the required loan documents for our review purposes. As of July 1, 2012, we'll charge a $522 processing fee to review a subordination request. Please notice that the Subordination Unit is unable to provide copies of loan documents related to property owners' MOH or former SFRA liens.  

 

Below Market Rate Inclusionary Housing Program

Click here if you are a current BMR owner under the Inclusionary Housing Program

 

Below Market Rate Condo Conversion Program

Click here if you are a current BMR condo conversion owner.

 

Below Market Rate (BMR) Ownership Units Compliance Monitoring

 MOH shall monitor and require occupancy certification for all BMR ownership units. Owner(s) of a BMR unit will be required to submit a monitoring and enforcement report on a form provided by MOH and submitted on a date and at a location determined by MOH. The report shall provide information regarding occupancy status, changes in title, and any other information MOH may reasonably require to monitor compliance with BMR units specific planning approvals or other use restrictions.

 

Compliance FAQ and Related Forms (click here)

Last updated: 9/28/2012 2:42:55 PM