The Home Improvement Program (HIP) was developed in cooperation with private
banks and credit unions to provide loans to help small homeowners improve
their properties. HIP loans of up to $30,000 are made to owner/occupants of one-
to four-family homes located throughout the City. The City provides a grant
which reduces the bank's interest rate to 2.5% or 5%, depending on the
borrower's income.
To download a .PDF version of the HIP Loan Application, visit the
Forms for
Building Owners page.
PHONE NUMBER: (212) 863-6429
Click here to learn about other building
rehabilitation loans.
