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You Can Do It!
A blueprint to empower other community-based housing advocates across America to do the same things we do. Click to learn more.

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 How You Can Help

Housing Opportunity Programs
® welcomes your interest in supporting our efforts.

Here's how you can help us (and society) if you are a:

Bank or Lender
Community or Municipal Leader
Charity or Non-Profit Organization
Private Property Owner
Family in Need of Housing

Community or Municipal Leader
HOPz's activities in your community are beneficial. We reduce the number of board-ups, and reduce the number of properties attracting vandals and vermin. Our properties are well maintained. HOPz is a good corporate citizen, a responsible landowner, and a quality renovator.

You can help us, and society, by:
1. Telling us about board-ups and other distressed housing stock; and
2. Cooperating when we apply for Building Permits.

HOPz-Operated Properties Pay Taxes
We may agree contractually to retain ownership of the property after a renovation (as opposed to transferring it to another non-profit). In this case HOPz may enter an agreement with the municipality to make PILOT payments, upon completion of renovation and issuance of the Certificate of Occupancy. (PILOT = Payment In Lieu Of Taxes)

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Charity or Not-For-Profit
HOPz's activities support other social service providers. We are not competitive with local charities; our only objective is to provide low-density, quality affordable housing from dilapidated non-performing properties. Once we have a C.O., we transfer the property as soon as possible to more established local housing providers or social service organizations. We then move on to other properties or other communities.

You can help us, and society, by:
1. Telling us about board-ups and other distressed housing stock;
2. Introducing us to owners or managers of "REO" or non-performing mortgages; and
3. Partnering with us to renovate residential properties you own, or will own.

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Bank or Lender
If your financial institution owns non-performing mortgages or judgments on "distressed" properties, HOPz can offer you a combination of cash and tax deductions that together may exceed the otherwise "as is" value of your lien.

Your REO may be worth more in cash and tax deductions than you might otherwise sell the properties for, and avoid the uncertainty and expense of marketing and closing.

Specifically, we seek to acquire non-performing mortgages secured by multi-family residential properties, in Central New Jersey, that are physically "distressed." In other words, the subject property needs a great deal of work, may even be boarded up, and is not owner-occupied.

HOPz does not acquire mortgages on owner-occupied homes, because we will not foreclose and dispossess a family. Our goal is to increase the amount and quality of affordable housing, not replace one family for another, regardless of the reason.

Goodwill & CRA Credits
When your financial institution transfers mortgages or REO to HOPz, you'll receive recognition and good will within the community, plus:

Transactions with Housing Opportunity Programs, Inc. may be qualified for credit against your Community Reinvestment Act (“CRA”) obligations, because over 75% of our work (50% is the requirement) is concentrated in Census Tracts identified by the U.S. Census Bureau as “low to moderate income”, with benefits accruing to individuals (in those Census Tracts) who are themselves “low to moderate income”. We'll be happy to provide written affirmation prior to your planned contribution.

You can help us, and society, and your stockholders, by:
1. Selling or donating your non-performing mortgages or OREO to us; and first
2. Allowing us to analyze your New Jersey portfolio (with full Non-Disclosure Agreement) for assets appropriate for HOPz.

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Private Property Owner
If you own or control properties in need of extensive renovation, HOPz can help you turn them from a liability into cash and a tax deduction
, quickly, while offering you the additional satisfaction of knowing you've contributed to your community. If you have a favorite charity, it can be designated as the eventual recipient of your property.

If you received a "Letter of Inquiry" from us, that's because public records indicate you are associated with a piece of property that is in distress physically or financially. We hope you'll consider selling or donating it to a good cause, to provide affordable housing after we fix it up. You'll receive a tax deduction, perhaps some cash, plus the satisfaction of knowing you've done a wonderful thing.

You can help us, and society, by:
1. Selling or donating your property to us;
2. Introducing us to other owners of distressed housing, or land.

If you'd like to discuss a specific property, in complete confidence and with absolutely no obligation, please call Jay Wolfkind at (732) 530-9601, extension 11 or click here to send an email to Jay Wolfkind.

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If You Need Housing

HOPz is not a housing provider (directly), and we are not an emergency housing source.

Our skills are the identification, acquisition and renovation of distressed housing stock, for rental (not for purchase). After the renovation is complete, we transfer these properties to other non-profit, community-based organizations that work directly with the public. HOPz is non-denominational, non-partisan, non-judgmental, and non-political. We do not have the resources to work directly with the public.

You obviously understand the power of the Internet to locate resources, since you are reading this web page, so we encourage you to search the "New Jersey Serves" web site, sponsored by Rutgers University. This free resource will point you to hundreds of providers of different types of housing assistance. Click here to go to the NJ Serves web site. A search for "housing" will return almost 400 agencies offering housing assistance in New Jersey.

If you are in need of immediate assistance, we encourage you to call Info-Line (in Middlesex County, NJ) toll-free at (888) 908-4636, or click here to go to the Info-Line Web Site.

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Some pages of this web site are still Under Construction. Thanks for your patience while we make this resource as useful as the properties we recover.

For more information, please contact Charlotte Cohen at (732) 530-9601, extension 14, or click here to send Charlotte Cohen an email.

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Housing Opportunity Programs