What is the NYSAR Housing Opportunities Foundation?
Created by the Board of Directors of the New York State Association of REALTORS in early 2003, it is a 501(c) (3) charitable foundation with the goal of assisting individuals in becoming homeowners utilizing a variety of means including public-private partnerships, education, counseling and financial assistance to both individuals and organizations whose activities facilitate homeownership. The NYSAR Housing Opportunities Foundation was created at the recommendation of the NYSAR Housing Opportunities Committee, which has been charged with creating opportunities to increase affordable housing and opportunities for individuals to overcome the barriers to homeownership.
The activities of the foundation are governed by a board of directors comprised of 15 members of the New York State Association of REALTORS.
With the goal of assisting individuals in becoming homeowners, the NYSAR Housing Opportunities Foundation identifies outside partnership opportunities with organizations that facilitate homeownership and also provides direct support in the home buying process to low-to-moderate income families.