The New York Mortgage Coalition
Housing Action Council is a partner in the New York Mortgage Coalition. The Coalition, a consortium of nine banks and eight non-profit organizations, works to increase homeownership opportunities for low and middle-income New Yorkers. As a partner, HAC offers homeownership education and counseling services to first-time homebuyers. In addition to the financial preparation offered, HAC clients are able to access information on grants that can assist with downpayment and closing costs, as well as a range of mortgage products offered by participating lenders. By working with one of HAC's Homeownership Counselors, you can select a loan that meets your needs and your budget.
HAC primarily serves homebuyers who live or wish to live in the Bronx and Westchester, Rockland, Putnam, Dutchess and Orange counties.
Banks participating in this program are: Astoria Federal Savings, Bank of America, Bank of New York, Citibank, GreenPoint Savings Bank, HSBC Bank USA, JP Morgan Chase, M & T Bank and Washington Mutual.