HPD Commissioner Wambua Continues Preference For Displaced Sandy Victims At Harlem River Point South, A New Affordable Housing Development

New York, N.Y. – June 19, 2013 – (RealEstateRama) — New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced the latest housing development to offer preference to income-eligible New Yorkers displaced from their homes by Hurricane Sandy. Harlem River Point South will add a total of 139 affordable housing rental apartments to the East Harlem neighborhood of Manhattan. Fifteen percent of the 139 affordable units will be subject to the Sandy preference. These units will be filled through a lottery managed by the developer and overseen by HPD and the City’s Housing Development Corporation (HDC).