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Whether you rent or own, housing is expensive. According to Redfin, the national median home price is $427,179; however, 66.6 million households can't afford a $250,000 home, per the National...
HSI is a nonprofit social services organization in New York City [1] that manages and develops housing programs for lower income households and New Yorkers with special needs. Founded in 1987, HSI was originally a spin-off of the Vera Institute of Justice . [ 2 ]
The Urban Homesteading Assistance Board (UHAB), formed in 1974, is a city-wide non-profit housing and tenant advocacy group in New York City. [ 3 ] [ 4 ] : 253, 258, 261–264 [ 5 ] UHAB was originally sponsored by the Cathedral of Saint John the Divine . [ 6 ]
HFA and its subsidiaries are now administered by New York State Homes and Community Renewal, [4] created in September 2010 to include the New York State Division of Housing and Community Renewal. In 2017, the HFA had operating expenses of $368.76 million, an outstanding debt of $16.780 billion, and a staffing level of 263 people. [5]
The latest round of funding arrived earlier this month, when the Treasury Department allocated $21.6 billion for rental assistance under President Joe Biden’s rescue package, along with new ...
Its mission is to expand affordable housing opportunities for low- and moderate-income New Yorkers. HCR consists of several state agencies and corporations: the New York State Division of Housing and Community Renewal (DHCR), the New York State Housing Finance Agency (HFA), the State of New York Mortgage Agency (SONYMA).