AFFINITY HEALTH PLAN HOSTS BLOCK PARTY Ridgewood Savings Bank’s
Homebuyer Dream Program
One of the biggest barriers
for fi rst-time homebuyers
WHAT DO YOU WANT TO BE
WHEN YOU SHOW UP?
You’re full of potential and eager to get ahead,
but one thing’s missing—your college degree.
Whether you took a break after high school
or you stopped out of college with less than
60 credits, earning your Associates Degree
now through the NYU School of Professional
Studies Division of Applied Undergraduate
Studies can change your life!
From the first day you step into our classrooms,
you’ll develop applicable work-related skills in
a highly supportive environment, while building
your confidence and benefiting from a wealth
of university and career development resources.
New affordable tuition makes a world-class
NYU education attainable.
You can do this, we can help!
* Bachelors degree programs available for those who have
earned 60 transferable college credits or more.
OPEN HOUSE
Saturday, July 20, 9 a.m. - 1:30 p.m.
VIRTUAL INFO. SESSION
Tuesday, August 13, 7 p.m.
WALK-IN WEDNESDAYS
July 17, 24, 31; August 7
anytime 9:30 a.m. - 5:30 p.m.
sps.nyu.edu/appliedUG/events04
CHOOSE FROM PROGRAMS IN:
REGISTER
Business, Health Administration, Information Systems Management, Liberal Arts
New York University is an affirmative action/equal opportunity institution. ©2019 NYU School of Professional Studies.
BRONX TIMES REPORTER, J 24 ULY 12-18, 2019 BTR
For information:
visit sps.nyu.edu/appliedUG/associates04
call 212-998-7100
is paying sizable
upfront costs, such as
down payments, closing
costs, attorney fees, and
mortgage insurance. But
help is on the way. Ridgewood
Savings Bank’s
new partnership with the
Federal Home Loan Bank
of New York can break
down those initial barriers,
making the dream of
homeownership a reality
for eligible New Yorkers.
As announced, in partnering
with FHLBNY on
its Homebuyer Dream
Program, Ridgewood will
help eligible fi rst-time
homebuyers receive up
to $14,500 toward the purchase
of their fi rst home.
The grant funds are intended
to help interested
and eligible homebuyers
with upfront expenses,
along with other costs
that can be daunting.
“As a bank with deep
roots in the communities
we serve, we understand
the importance of
home ownership and the
challenges that so many
New Yorkers face when
buying their fi rst home,”
noted Anthony Simeone,
executive vice president
and chief lending offi cer
at Ridgewood Savings
Bank. “We therefore are
extremely pleased to be
working with the Federal
Home Loan Bank of New
York to help our customers
realize the dream of
home ownership, providing
benefi t not only to
them, but to the communities
in which they live
as well.”
Economists generally
agree that home ownership
is a great way to
build equity and provide
a nest egg for the future,
while simultaneously
stimulating economic
growth and prosperity in
a community.
According to the
government-sponsored
mortgage entity Freddie
Mac, home ownership
also provides a sense of
stability and gives people
a measurable stake
in their community, as
homeowners are more
likely to invest in a local
area and engage more
in community life. “As
New York’s largest mutual
savings bank, we are
community-owned, and
investing in community
growth is in our DNA,”
added Mr. Simeone.
The Criteria
To be eligible for the
Homebuyer Dream Program,
a prospective
buyer must be a New York
State resident; complete
an accredited homeownership
course; agree to
live in the house, condo,
co-op or townhouse for at
least fi ve years; and meet
income requirements of
80% or below of the “area
medium income” for
the county in which the
home is being purchased.
The Homebuyer Dream
Program is a federally
regulated program that
is managed by the Federal
Housing Finance
Agency (FHFA) in partnership
with the bank.
Ridgewood’s community
centered focus and
business philosophy are
proving successful for
the bank, which in 2018
grew total assets to $5.5
billion, total deposits to
$4.25 billion, and total
real estate loans reached
$3.8 billion.
Ridgewood has
35 branches located
throughout New York
City, Long Island, and
Westchester. Since its
inception, it has been
committed to building
relationships with the
community; offering convenience,
stability and
competitive rates; and
providing fi nancial solutions
to its customers.
To learn more
about the Ridgewood’s
branches, products and
services, visit www.
ridgewoodbank.com.
Transportation for seniors
Do you need help getting
to and from your
medical appointments?
Transportation services
are available to seniors
Monday through Friday,
8 a.m. to 4 p.m., in
community districts 9,
10, 11 and 12. The program
provides door-todoor
service for all medical
appointments. Their
drivers are courteous
and professional; and
their vehicles are clean
and handicap accessible,
including wheelchair
lifts.
For further information,
contact Mildred
Cardona, program director
of the R.A.I.N. Transportation
Program, at
(718) 882-8513.
Affi nity Health Plan hosted ‘Our Summer Block Party’ on Saturday, June 29 at East
Fordham Road and Valentine Avenue. The event featured live music; free giveaways;
a Kidz Fun Zone complete with bouncy houses; face painting and free screenings for
blood pressure, glucose, cholesterol, dental and vision. Photo by Edwin Soto
/events04
/www.ridgewoodbank.com
/www.ridgewoodbank.com
/associates04
/ridgewoodbank.com
