Neighborhood Recovery Fund (NRF)
The Neighborhood Recovery Fund (NRF) is an emergency fund sponsored by Goldman Sachs Gives that was created to provide financial assistance to homeowners affected by Hurricane Sandy. NRF works to ensure that impacted New York City homeowners can access and/or maintain affordable and sustainable housing.
Sustainable Neighborhoods, LLC, an affiliate of the Center for NYC Neighborhoods, administers the fund. NRF provides eligible homeowners with up to $5,000 in either a grant or interest-free loan to cover expenses incurred due to Hurricane Sandy.
What Expenses Will NRF Cover?
NRF assistance can be used to pay for housing-related expense not covered by FEMA, homeowners insurance, or related sources. Depending on the availability of other funds, NRF may be used for the following expenses:
- To cover expenses for temporary shelter
- To pay utility arrears
- To pay for necessary home repair costs
- To cover relocation expenses such as first and last month’s rent or moving and storage expenses
- To pay off mortgage arrears if an applicant is ineligible for the Mortgage Assistance Program (MAP)
- To cover income-shock related to tenant displacement
NRF will review applications for other reasonable uses of NRF funds on a case-by-case basis. NRF funds are intended to help ensure safe and affordable housing for New York City homeowners recovering from the effects of Hurricane Sandy.
Who can NRF help?
NRF grants and interest-free loans will be made to homeowners living in Hurricane Evacuation Zones A, B, and C whose homes or essential household services were damaged or destroyed by Hurricane Sandy. Check whether a property is in an eligible zone here. Please note, if a property was damaged by Hurricane Sandy and is just outside of an eligible zone, NRF may still available. Contact NRF for more information.
Applicants for NRF must have an annual household income at or below 200% of Area Median Income (AMI). NRF will determine, based on your income, if you qualify for a grant or interest-free loan.
How can I apply?
Call 646-786-0888 to be connected with a free housing counselor or legal services provider who will work with you to submit your NRF application and resolve other housing issues. Homeowners may not apply for NRF without the assistance of a qualified counseling or legal services provider. Service providers do not charge fees for their assistance.
What happens after I apply?
NRF staff will review your application and documents to determine your eligibility. A staff member will get back to you within 1-2 weeks with a decision regarding how much and which type of assistance you are eligible to receive.
A check for the full amount will be sent directly from Sustainable Neighborhoods, LLC to your mortgage servicer, landlord, broker, contractor, etc.
Sustainable Neighborhoods, LLC
74 Trinity Place, Suite 1400
New York, NY 10006