CDCLI is a significant force for revitalizing and building strong communities, because home matters for all people. CDCLI’s mission is to invest in the housing and economic aspirations of individuals and families by providing solutions that foster and maintain vibrant, equitable, and sustainable communities. Our tagline, “We Invest in Your Dreams,” captures the spirit and passion of this remarkable organization of committed employees, board members, and partners.
Fiscal Year 2015 Accomplishments
In Fiscal Year 2015, CDCLI served nearly 17,000 Long Islanders, and invested more than $102 million into our communities. Since our founding, CDCLI has assisted more than 178,000 Long Islanders and invested $1.2 billion into our communities.
Rental subsidies were provided for 5,047 households, allowing approximately 11,000 individuals to live in safe and secure housing. We are able to protect children, the elderly, the disabled, and veterans with our rental assistance program.
Pre-purchase education services were provided to 276 individuals, and 62 families successfully purchased their first homes, using their own savings plus $13.4 million in bank mortgages. 34 people learned the basics of home repair and maintenance by completing the Home Maintenance Training Program. Financial education services were provided to 162 individuals with 100 enrolling in financial coaching for long-term guidance. Foreclosure prevention counseling services were provided to 577 homeowners.
As part of our Weatherization and Green Initiatives, the homes of 336 owner and renter families were weatherized or renovated for a total investment of $1.3 million with anticipated annual energy cost savings of $134,400. In addition, four public presentations were made to educate the public on NYSERDA programs, resulting in 10 new projects.
Using grants from the New York State Affordable Housing Corporation, 60 homeowners had critical repairs made to their homes under the expert guidance of our rehabilitation specialists.