Rent-to-Own Program

CDCLI Housing Development Fund Corporation (“CDCLI Housing”) offers a Rent-to-Own Program to help Long Islanders accomplish homeownership.  Under this program, we acquire and renovate single family dwellings to high quality standards, including energy efficient and green measures.  The properties are offered for rental to Long Islanders who have committed to accomplishing homeownership within the next three years.

To achieve homeownership, tenants are required to participate in our Homeownership Center’s Financial Fitness Health and Wealth Program as well as complete a Homebuyer Education course. These programs are designed to assist participants in improving their credit rating, building their savings, and becoming eligible for mortgage financing.

CDCLI currently has properties that will be ready for rental during 2017.

We are currently accepting applications for a home in Coram. Click here for program guidelines and application. Click the image below to view pictures of the home.

Real Estate Development
631-471-1215 x 211