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The Penn South cooperative as seen from the Empire State Building. Penn South, officially known as Mutual Redevelopment Houses and formerly Penn Station South, is a limited-equity [1] housing cooperative development located between Eighth and Ninth Avenues and West 23rd and 29th Streets, in the Chelsea neighborhood of Manhattan in New York City.
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
The razing of buildings for the construction of the complex began in 1950, and the buildings were completed on April 1, 1953. [3] [7]The key sponsor of the development was State assemblyman John J. Lamula and it was named after four-time New York Governor Al Smith (1873–1944), the first Catholic to win a Presidential nomination by a major political party and a social reformer who made ...
Hunter College is a public university in New York City.It is one of the constituent colleges of the City University of New York and offers studies in more than one hundred undergraduate and postgraduate fields across five schools.
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
Starrett City (formally known as the Spring Creek Towers) is a housing development in the Spring Creek section of East New York, in Brooklyn, New York City.It is located on a peninsula on the north shore of Jamaica Bay, bounded by Fresh Creek to the west and Hendrix Creek to the east.
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