Where do funds for the Homebuyers Assistance Program come from?
In 1993, Syracuse University and the City of Syracuse entered into an agreement (Ordinance 553) requiring the University to pay a fee of $250,000 annually to fund services addressing students' impact on neighborhoods southeast of the SU Campus (Special Neighborhood District) increasing each year with the Consumer Price Index. By 2013, SU will have contributed over $6.5 million.
City Ordinances 553 and 554 established both the Service Agreement and the rules regarding distribution of these monies. In 1993, the Service Agreement was officially signed, requiring an annual payment described above for the purposes of maintaining the "health, safety and welfare of the Special Neighborhood District such as police and fire protection, code enforcement, neighborhood organization support, and park and public area improvements." The signed ordinances also established UNSAAC (University Neighborhood Service Agreement Advisory Committee) to oversee distribution of funds. The purpose UNSAAC is to solicit proposals from non-profit agencies in the special neighborhood district located southeast of the University and to allocate money based on the guidelines of the ordinance.
What programs does UNPA have for Home Improvement?
UNIVERSITY NEIGHBORHOOD HOME IMPROVEMENT LOAN - ROUND III
Effective Immediately: Interest Rates as Low as 2.99% (APR 3.07%) for eligible homeowners.
Your University Neighborhood Home Improvement Loan is an affordable way to quickly access the money you need to make exterior home renovations and repairs … even if you have built little or no equity in your home.
This loan program offers you:
- Financing of up to $10,000 (determined on a case by case basis)
- No Income Requirements
- Low interest rate and closing costs
- Low fixed payments
- No pre-payment penalty
- Your choice of contractor (must have general liability and worker's comp insurance)
- Most exterior home renovations and repairs are eligible
You are eligible for this program if you own and occupy a property in the boundaries of the UNPA Target Area.
Eligible participants must also be current on their property taxes and water bills.
Apply today by filling out the attached application.
The process can start in as little as 24 hours, if you make sure to also include the following documentation:
- Recorded deed to your home
- Current homeowners insurance stating period covered and amounts of coverage
- Proof of income for applicant (copies of three current consecutive pay stubs, SSI benefit letter, social security, pension, unemployment, etc.)
- Last year's federal tax return (if filed)
- Driver's license or other form of picture identification
- Lead test results for children under seven who reside in the home
Mail, drop off, email, or fax your application to:
Home HeadQuarters, Inc.
124 E. Jefferson Street, Syracuse NY 13202
Fax: (315) 474-0637, Phone: (315) 474-1939
Email: info@homehq.org
Are there any other homebuyers assistance programs or home improvement programs available?
Yes, the UNIVERSITY NEIGHBORHOOD RESCUE A RENTAL PROGRAM