Zero-Interest Emergency Loan

The Neighborly Fund is more than just money. It’s a commitment to our neighbors over the long-haul. If you are a homeowner who has been directly affected by COVID-19, scroll down to learn more and start the application process.

Help for Homeowners Impacted by COVID-19

In the face of a global pandemic, millions of our neighbors, like you, are at risk of going without pay for an extended period of time. Our deferred, zero-interest loan is available to homeowners to help take the pressure off in the short-term, while you figure out what to do next. In order to do this, NeighborWorks® Community Partners now offers deferred, zero-interest loans from $1,000 up to $3,500* for homeowners directly impacted by COVID-19. And the best part? Whatever you pay back, we will pay-it-forward by putting it back into the Neighborly Fund to help neighbors, like you

*Monthly minimum payment is $100/month spread across 35 months. As funding is available. Terms apply.

Eligibility & Terms

Property Eligibility:
You currently own –

    • a home or duplex (owner-occupied)
    • a unit in a cooperative or condominium(owner-occupied)
  • Mixed-use property is ineligible
  • No Manufactured Housing

Borrower Eligibility:

  • Owner-Occupied Homeowners only
  • You must reside in NCP Service Area (Erie, Niagara or Monroe counties)

How you can use the funds:

  • Home expenses that can no longer be paid as a result of financial hardships due to COVID-19
  • To pay mortgage, homeowners insurance, utilities, and other costs related to the costs of homeownership
  • Other related expenses such as car payments, food purchase, etc.
  • Loan-only product no to be combined with other NCP funds

*Not to be used for leisure products, vacations, or gambling

Household Income Eligibility:

  • No Income Limits
  • Incomes below HUD median New York State income $85,000 are priority

Total Debt Ratio: N/A

Maximum Total Loan to Value: N/A

Interest Rate: Zero Percent

Fees: No Fees

Credit Profile/Information you will need to submit:

*NOTE: If you are a current borrower with NCP, you must be current on your loan.

Click here to view the full list of documents
you will need to submit

Minimum/Maximum Loan Amount for Homeowners:

Loan Term/Lien Position:

  • Promissory Note
  • 90 day deferral, $100 monthly payments until balance reaches zero (up to 35 monthly payments)

Settlement: One-time payment in full to homeowner upon executed promissory note. Terms apply.

How to Apply:

  • If you are a homeowners facing hardship due to COVID-19, scroll down to start the application process online (Suggested for faster review)


  • Click here to download and print an application. Please note that it may cause delay in review and funding is limited.

To apply, complete the online
application form below.

Once you hit submit, you will receive further information via e-mail
about how to submit additional documentation to finalize your application.