TOWN OF BABYLON
HOME IMPROVEMENT PROGRAM

The purpose of the loan is to improve housing conditions and correct housing code violations by repairing and rehabilitating health and safety hazards. The maximum loan is up to $50,000 to correct substandard housing code violations and an additional $15,000 lead abatement. There is no interest. Payment of the loan is deferred until the property is sold, the title is transferred or the home is refinanced for cash out. Monthly payments are not required. The loan is secured by a mortgage placed against the property. Please be aware that refinancing your mortgage requires a subordination review by the Community Development Program or payback of funds, and home equity loans are not permitted.

THANK YOU FOR YOUR INTEREST IN THE
TOWN OF BABYLON
HOME IMPROVEMENT PROGRAM

The application period is now closed.

Please feel free to check back with us in the future for program updates
and other programs of interest.