NEW YORK CITY AND NEW YORK STATE HOUSING OFFICIALS JOIN HOPE COMMUNITY, INC., MONADNOCK DEVELOPMENT LLC, NOTIAS CONSTRUCTION, AND PARTNERS TO CELEBRATE THE CONSTRUCTION KICK-OFF FOR HOPE EAST OF FIFTH PROJECT – PRESERVING 506 AFFORDABLE APARTMENTS IN EAST HARLEM
By NYCHDC -

City and State officials joined Hope Community Inc., Monadnock Development LLC, Notias Construction, Inc., Raymond James Tax Credit Funds, Wells Fargo Bank, tenants and partners to announce the construction kick-off for the Hope East of Fifth re-syndication of 506 affordable housing apartments – including 102 units for formerly homeless residents across 39 buildings in the East Harlem neighborhood of Manhattan


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NYCHDC
http://www.nychdc.com/

The New York City Housing Development Corporation (“HDC”) provides a variety of financing programs for the creation and preservation of multi-family affordable housing throughout the five boroughs of New York City.  HDC is implementing Mayor Bloomberg’s New Housing Marketplace Plan to build and preserve 165,000 units of affordable housing over ten years. The New Housing Marketplace Plan is the largest municipal affordable housing effort in the nation’s history.  HDC’s programs are designed to meet the wide-range of affordable housing needs of the City's economically diverse population.

Contact:
Christina Sanchez
Phone: (212) 227-2644

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