State extends mortgage program for storm victims

The state has granted a six-month extension for the Interim Mortgage Assistance Program’s most vulnerable participants, made possible by an additional $3.9 million in state funding.

More than 200 eligible applicants — including seniors, people with disabilities, victims of contractor fraud, those required to elevate their homes and individuals with low to moderate incomes — are expected to benefit from this final extension as they continue to complete recovery projects after Superstorm Sandy's landfall six years ago.

New Yorkers affected by Hurricane Irene and Tropical Storm Lee are also expected to benefit.

Managed by the Governor’s Office of Storm Recovery, the IMA program has disbursed $54.2 million to support approximately 1,900 New Yorkers who have incurred both mortgage and rental expenses because of the storms.

This six-month extension realigns the IMA program deadline with the June 2019 deadlines for the NY Rising Single Family Homeowner Program. Only current applicants who are particularly vulnerable and who have not yet received their full 20-month IMA benefit will be eligible for this extension. No new IMA applications will be accepted.

Vulnerable IMA recipients will be eligible for up to their full 20 months of IMA with no reimbursements beyond June 2019. Victims of contractor fraud will be eligible for up to their full 20 months of IMA and may be permitted to collect beyond the June 2019 deadline.

Applicants who believe they are eligible should reach out to their case manager or the call center at 844-969-7474.

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