The Homebuyer Education and Learning Program (H.E.L.P.) is designed to provide high quality homeownership education to consumers in all income ranges, but especially first time buyers. Prospective homebuyers can learn about the home buying process through classroom training with qualified instructors and avoid many of the common problems that trouble new homebuyers.
Margert is an HPD-approved counseling agency.
Many New Yorkers want to buy a home but don't have enough money saved for their down payment and closing costs. As part of Mayor Bloomberg's "New Housing Marketplace Plan," the New York City Department of Housing Preservation and Development (HPD) created the HomeFirst Down Payment Assistance program. It provides qualified homebuyers with up to 6% of a home's purchase price toward the down payment or closing costs on a 1-4 family home, a condominium, or a cooperative in one of the five boroughs of New York City.
View details for family composition and income limits.
Margert's H.E.L.P. program curriculum requires the completion of eight hours of classroom instruction, consisting of five two-hour training modules, usually presented in two five-hour sessions.
For more information on the homebuying process, and helpful mortgage calculators, please visit Fannie Mae's homepath.com.
How to Buy a HUD Home
A HUD home is a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
All properties available for purchase by the public are offered for sale at Internet listing sites maintained by management companies under contract to HUD. Any real estate broker registered with HUD may submit an offer and contract to purchase on your behalf. HUD pays the real estate broker's commission, if included in the contract.
Home Maintenance Training and Repair Program
The Housing Partnership Development Corporation, one of the nation’s largest producers of affordable housing, is sponsoring an innovative, free public home maintenance training and repair program for low and moderate income homeowners in southeast Queens. Offered in partnership with Margert Community Corporation, the program was developed to assist first time homebuyers with the after-purchase maintenance of their home investment.
Fall 2007 Curriculum:
Week 1: Tool Basics and Introduction to Drywall
Week 2: Drywall (cont.) and Electricity - Safety Tips, Repair
and New Installations
Week 3: Drywall (cont.) and Ceramic Tiling
Week 4: Ceramic Tiling (cont.)
Week 5: Hanging Objects on Walls and Ceilings and Molding
Week 6: Plumbing - Fixtures - Repairs and Energy Efficiency
Week 7: Painting - Preparation through Final Coat
Week 8: Wall papering, Graduation Celebration!
Job Posting:
