Dozens of Habitat for Humanity and Delta Airlines volunteers, a few carrying small luggage, gathered Wednesday on a rainy day to start work on restoring an abandoned home in Cambria Heights.
The derelict house, infested with termites, fell victim to foreclosure and then became a zombie home until a fire destroyed most of the property. The property was then handled by the U.S. Department of Housing and Urban Development before being acquired by the New York City Housing Authority to become affordable housing.
Future homeowners are required to volunteer in the restoring of their homes. At the Cambria Heights house at 219th St, 53-year old carpenter Richard Thompson was ready to work on his future home.
“I found out about the program when I was looking for a home, but I did not have enough money for a down payment,” said Thompson, who currently lives in Brooklyn.
The program through Habitat for Humanity offers a 30-year fixed mortgage at a 2.0 percent rate with only a 1 percent down payment for a restored home.