A Bronx woman is turning a fixer-upper into a family home with the help of thousands of dollars in assistance.<\/p>\n
First-time homeowner Keyla Guerrero purchased the co-op just a few months ago. While the apartment needed extensive repairs, the condition helped bring the price within her family\u2019s budget.<\/p>\n
\u201cThe floors had cracks in them. The paint had cracks. It really needed an overall remodel,\u201d Guerrero said.<\/p>\n
Through a 15-year residence NYC affordable housing forgivable loan, Guerrero received nearly $40,000 to help cover both the purchase and renovation costs. The improvements have transformed the space for her family.<\/p>\n
\u201cI\u2019ve been able to upgrade and have more rooms and more bathrooms,\u201d she said. \u201cNow my children have their own spaces, and that feels really nice. They\u2019re super excited.\u201d<\/p>\n
Before buying the home, Guerrero worked with Bronx Neighborhood Housing Services, which offers resources, including first-time homebuyer assistance, home retention services and free tax preparation.<\/p>\n
\u201cThey hold your hand. They assist you every step of the way,\u201d Guerrero said.<\/p>\n
Housing counselors say they guide clients through every stage of the process, from budgeting to credit readiness.<\/p>\n
\u201cWe meet with them one-on-one, go through their savings and their credit, and make sure everything is lined up,\u201d said Janeille Attzs, of Bronx Neighborhood Housing Services.<\/p>\n
The organization also connects buyers with additional agencies that can help strengthen their financial standing.<\/p>\n