The Home Improvement Program (HIP) was developed in cooperation with private banks to provide loans to help small homeowners improve their properties. HIP loans of up to $20,000 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) 863-5300

Click here to learn about other building rehabilitation loans.