Skip to main content

Co-op & Condo Program

The Cooperative and Condominium Recovery Program provides assistance for owner-occupied units that are being used as places of primary residence, either by the unit owner or by renters on a full-time, year-round basis. Condominium Associations and Cooperative Boards may be eligible for storm-related damages to repair a building’s common elements, such as lobbies, hallways and mechanical systems.
As of July 12, 2016,  the NY Rising Cooperative and Condominium Program is no longer accepting new applications. If you have any questions please contact your Customer Representative or call 1-844-9NYRISING.


How does the Program determine which units are included in the award?

As part of preparing the Program Damage Estimate, all line items listed in the POL’s are identified as being associated with a living unit or a common area. Damages located within specific living units and damages to items not located within the boundaries of a specific living unit but designated for the sole use of a specific living unit are considered living unit damages by the Program. This includes damages to individual, unit-specific air conditioners, hot water heaters, furnaces, and boilers. A unit must have eligible damage identified in this way to be included in the Association’s grant award. In addition, each of these damaged units must also meet basic eligibility requirements. This includes: providing evidence that the unit is not a second home, providing information on all public and private benefits received for the unit, and allowing access to the Program to conduct required inspections of the unit.

What are the requirements to receive assistance?

Associations must complete the Program’s required application forms and provide all supporting documentation requested to verify eligibility. In addition, Associations must provide line item insurance loss documents or closely equivalent scope documents for all storm damages to the property, as well as supporting documents to confirm the dates that repairs were completed. The Association must also provide access to the damaged property (including common elements and units) for Program required inspections and complete any mandatory repairs or remediation identified by the Program. Please consult the Program Guidebook for additional information on the Program’s current requirements for participation.

The Program forms for damaged units are similar to the forms required for the Association. Are both needed?

Yes. There are similar forms that need to be completed both on behalf of the Association and by damaged unit owners. NY Rising must verify all public and private benefits received directly by the Association and by each damaged unit owner. To do this, we must first collect information from the Association and unit owners about benefits received. We also require consent and release from the beneficiary – both the Association and the unit owner – in order to obtain verification of benefits paid from insurance. The consent and release provided by the Association does not extend to the unit owners and vice versa.

What if a unit owner will not or cannot meet Program requirements for participation?

The Program may deem certain units ineligible and exclude them from the Association’s award. Associations also have the option to withdraw all or select damaged unit from their grant award. If the Association elects to withdraw units, no documents or inspections are required from those units. No grant funds are awarded for damages to units that are withdrawn. Please consult your Customer Representative for more information on withdrawing units from award consideration.

What is Duplication of Benefits (DOB)?

The federal Robert T. Stafford Disaster Relief and Emergency Assistance Act prohibits NY Rising from paying for repairs that were already paid for by a different repair assistance source. This is referred to as a Duplication of Benefits (DOB). In order to comply with the Stafford Act, Associations and damaged unit owners are required to disclose all sources of disaster recovery assistance received. Common sources of assistance include insurance proceeds, FEMA, SBA loans, other government grants, and charitable contributions from non-profit or faith-based organizations. The Program is required to independently verify the amount of assistance received and whether the assistance is considered duplicative according to the requirements of the Stafford Act. Assistance is duplicative when offered with the stated purpose of structural repair as a result of the qualifying storm.