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The Wall Street Journal features new LISC NYC program to preserve HUD 202 senior housing

A story in The Wall Street Journal highlights LISC NYC’s assistance to nonprofit owners of very low-income HUD Section 202 senior housing to preserve their buildings. The story also profiles a senior building owned by West Harlem Group Assistance, one of the community partners that is part of LISC NYC’s program, NYLOP 2 ...

From National LISC:

A Model Worth Copying: Joint Ownership Structures for CDCs

In an in-depth article for The Journal of Affordable Housing and Community Development Law, attorneys David Goldstein and Jason Labate offer a case study of the Joint Operating Entity NYC (JOE NYC), which LISC has supported from its inception. The JOE NYC, a consortium of CDCs that have pooled their portfolios and expertise, is a ...

Workshop on Preserving HUD 202 Properties - Register Now!

Attend this free workshop to get the latest information on how the RAD program can position HUD 202 PRAC properties to undertake physical upgrades and/or rehabilitation. Also learn about opportunities to develop new affordable housing on underutilized HUD 202 land.