Our Impact

 FY 2018:

  • 265 families completed Homebuyer Education, 306 families completed one-on-one counseling, and 85 closed on their first homes, totaling an investment of $27,072,797 in first mortgages.
  • 176 individuals completed financial education, and 143 enrolled in Financial Coaching for long-term guidance.
  • 569 homeowners received foreclosure mitigation counseling, and 99 homes were retained.
  • 34 homeowners completed home maintenance training, and 18 senior citizens received reverse mortgage counseling.
  • A total of $84,724,815 of rental home subsidies provided to 5,788 households, allowing 11,914 individuals to live in safe and secure housing. The majority of these families have children, elderly, and/or disabled members.
  • 208 Housing Choice Voucher recipients participated in Family Self Sufficiency, and 24 graduated earning a total of $272,893 in escrow savings to use toward achieving their goals.
    4 Suffolk County Landbank Corporation homes renovated and sold to first time homebuyers.
  • Peconic Crossing (45 units) construction completed and fully occupied; Wyandanch Village (124 units) under construction; and Vineyard View (50 units) in pre development.
  • 44 low to moderate income homeowners received rehabilitation and accessibility improvements through various NYS Homes & Community Renewal programs.
  • 3 resident services programs launched to promote housing stability and help low to moderate income residents reach their goals on a path to personal and economic empowerment.
  • 398 homes and apartments received energy conservation and other improvements, reducing annual energy use by a projected $159,200.
  • 3 communities received Clean Energy Community designations; 5 designated communities commenced grant projects; and 1 community earned a Climate Smart Community certification.
  • 14 loans closed, totaling $130,833, assisting individuals with down payments, closing costs, emergency repairs, and septic system replacements.
  • $7,049,466 in grants approved, and $205,550 in funds raised at the Annual Luncheon.

Standards of Excellence: From providing a voice for fair and sustainable community development to homeownership education to residential lending, CDCLI remains steadfast in its commitment to three pillars of focus: Community Development and Housing for All; Economic Stability; and Advocacy, because home matters for all people. As an organization, we celebrate diversity, we support it, and we thrive on it for the benefit of our employees, our consumers, and our community. As a chartered member of NeighborWorks®, CDCLI is recognized as an “exemplary organization,” meeting a high standard of fiscal integrity and service performance to assist local residents in achieving their dreams, however they define them.

Funding: Funding comes from contributions, special events, administrative fees, grants, and partnerships with Long Island’s business community. CDCLI spends more than 97.5% of its revenue on program expenses. Less than 2.5% is spent on management and general expenses and fundraising.