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Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.
A homeless encampment in New York City. In October 2023, an average of 90,578 people slept in New York City's homeless shelters each night. [1] This included 23,103 single adults, 32,689 children, and 34,786 adults in families. [2] The total number is at its highest ever, with 63,636 people sleeping in homeless shelters.
New York City's 80/20 housing program was created in 1985 and has financed developments in New York that meet the parameters ever since. Compared to market rate units in the same area, the affordable units in 80/20 developments had a disproportionately high amount of women, single parent households, households with multiple children and minorities.
The New York State Division of Housing and Community Renewal (DHCR), was merged with the New York State Housing Finance Administration in 2010 to create the New York State Housing and Community Renewal agency. The new agency provided financing, maintenance and supervision of mortgages to developments as long as they remained in the Mitchell ...
Greenwich Village, [pron 1] or simply the Village, is a neighborhood on the west side of Lower Manhattan in New York City, bounded by 14th Street to the north, Broadway to the east, Houston Street to the south, and the Hudson River to the west.
This week, posts by students from Flushing, Queens, to Gravesend, Brooklyn, to the East Shore of Staten Island, offered the OMNY cards — which replaced the student MetroCards previously given to ...
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