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READER

August 2, 2011 Vol. XXXVI No. 16

Members of ANHD, Fordham Bedford Executive Director John Reilly and Deputy Director Heng Ly, are joined by tenants of West Farms Village and Citys top housing officials; HPD Commissioner Mathew Wambua and HDC Commissioner Marc Jahr as they celebrate the three-quarters milestone of the New Housing Marketplace Plan. Photo: HPD

AffordAble Housing Milestone reAcHed, but More Work AHeAd

Inside:
Feature: p 2 Jobs p 5 Grants: p 11

Last week the Bloomberg administration reached an important milestone related to its New Housing Marketplace plan. With West Farms Village as the backdrop setting and a cake on display, Mayor Bloomberg and the Citys top housing officials held a press conference to laud the New Housing Marketplace Plan (NHMP) for completing three quarters of its goal to build or preserve 165,000 units of affordable housing by 2014.

NHMP contd on p2

Important Milestone Reached, But More Work Ahead

Last week the Bloomberg administration reached an important milestone related to its New Housing Marketplace plan. With West Farms Village as the backdrop setting and a cake on display, Mayor Bloomberg and the Citys top housing officials held a press conference to laud the New Housing Marketplace Plan (NHMP) for completing three quarters of its goal to build or preserve 165,000 units of affordable housing by 2014. In total, 124,510 units have been created and preserved since NHMPs inception. Last year, the NHMP built 3,873 new units and preserved 11,954 units. To date, the NHMP has financed the construction of 41,556 new affordable units. this is a meaningful total but far short of the 93,000 units of new construction the administration set as its goal. When Mayor Bloomberg described his $8.5 billion NHMP in 2005 he compared its importance to that of housing the population of Boston. Last week the mayor continued his allegorical comparisons of the impact of the New Housing Marketplace Plan. With better than expected results this past year, were now more than three-quarters of the way towards our goal to create and preserve 165,000 affordable housing units for 500,000 New Yorkers by the end of 2014, said Mayor Bloomberg. thats more people than live in Miami. ANHD congratulates our partners at the NYC Department of Housing Preservation and Development (HPD) and Housing Development Corporation (HDC) on their efforts to build and preserve over 120,000 units of affordable housing. This milestone reflects a truly remarkable commitment on behalf of the Mayor. How affordable and for How Long? the bulk of the units developed under the NHMP serve households earning less than 80% of AMI. ANHD finds this statistic encouraging given our consistent advocacy that the bulk of the citys resources be devoted to low-income households. that being said, a very small percentage of the units developed under the Mayors plan serve extremely low-income households or those earning less than 30% of AMI. these residents have the greatest need and we must find creative ways to serve them. Additionally, ANHD believes it is imperative that the city commit to a policy of permanent affordability to maximize the public benefit of its investment in affordable housing. ANHD research, detailed in our A Permanent Problem Requires a Permanent solution report, demonstrates that approximately 160,000 units of public-subsidized housing will be at risk of losing its affordability in the coming decades. New York City must re-think its approach and no longer trade off public land, capital, and tax abatements in exchange for short-term affordability. the city deserves credit for committing to permanent affordability on large projects like the Western Railyards, Hunters Point south, and Willets Point, but there remain too many missed opportunities for ensuring not another unit of affordable housing is lost. ANHD will continue working with the Bloomberg Administration over the next two years to ensure this historic change is realized.

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Every year the New York Mortgage Coalition helps thousands of renters prepare for homeownership.
The New York Mortgage Coalition (NYMC) is a unique collaboration of financial institutions and community housing agencies dedicated to helping low to moderate-income families become first-time homebuyers in the Greater New York area. Through financial workshops and one-to-one homeownership counseling, NYMCs eight community groups educate qualified borrowers into becoming responsible home buyers. Participating lenders provide competitive, fixed-rate loans which may include closing cost and down payment subsidies on a need basis. For more information on joining the New York Mortgage Coalition please contact:
Ken Inadomi, Director 212.742.0762 Ken.I@nymc.org
NYMCs Financial Institutions: NYMCs Community Housing Agencies:

Amalgamated Bank, Astoria Federal Savings Bank, Bank of America, Capital One Bank, Citibank, HSBC, JPMorgan Chase, M & T Bank.

Asian Americans For Equality, Cypress Hills Local Development Corporation, Harlem Congregations for Community Improvement, Housing Partnership Development Corp., Housing Action Council, Long Island Housing Partnership, Neighbors Helping Neighbors, and Pratt Area Community Council.

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foreclosure filings Decline in 84% of u.S. Cities after Paperwork Backups

BRIefs

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Hundreds of NYC Developers face Penalties the developer and architect of an upper West side luxury rental apartment complex, the Melar, have settled with the federal government on charges that their new residential building violated federal law because it is inaccessible to the disabled, the u.s. Attorney for the southern District of New York announced Monday. the settlement may impact more than 100,000 residential properties across the city.
http://www.crainsnewyork.com/article/20110726/REAL_ EstAtE/110729924

Foreclosure filings dropped in 84 percent of the largest U.S. cities in the first half of the year as paperwork delays and a glut of seized properties slowed the repossession of homes, according to Realtytrac Inc.
http://www.bloomberg.com/news/2011-07-28/foreclosure-filingsdecline-in-84-of-u-s-cities-after-paperwork-backups.html

Hit with foreclosures, Bank of america Donating, Demolishing Homes Bank of America Corp., faced with a glut of foreclosed and abandoned houses it cant sell, has a new tool to get rid of the most decrepit ones: a bulldozer. the biggest us mortgage servicer will donate 100 foreclosed houses in the Cleveland area, and in some cases contribute to their demolition in partnership with a local agency that manages blighted property.
http://www.boston.com/business/articles/2011/07/28/hit_with_ foreclosures_bank_of_america_donating_demolishing_homes

Stalled Sites a taxing Mess While most of the citys professional developers like silverstein, Vornado, RFR and Extell are paying property taxes on their stalled development sites, wannabe newcomers and those with shallow pockets have not only stopped construction but stopped paying city tax levies.
http://www.nypost.com/p/news/business/realestate/commercial/ stalled_sites_taxing_mess_h3y3MIaa62i98DrngaIV2K

u.S. Housing Prices rise Slightly, but remain Weak Home prices in the united states rose slightly for the second consecutive month in May, but the real estate market still has a long way to go before a recovery, analysts said on tuesday. the private standard & Poors/Case-Shiller index, a closely watched measure of home prices, was up 1 percent compared with April, according to the broadest measure of data tracking 20 cities.

Housing Occupancy Declines, but rentals up in Some Spots Empty housing has been on the rise since the recession and real estate bust, but occupancy is starting to pick up in some places largely because of soaring rental demand. Neighborhoods from tacoma, Wash., to New Yorks Bronx borough and parts of Albuquerque are showing an uptick in occupied housing, according to an analysis of u.s. Postal service data.
http://www.usatoday.com/news/nation/2011-07-26-ZIP-codes-homeoccupancy-rentals-housing_n.htm

http://www.nytimes.com/2011/07/27/business/economy/home-pricesticked-up-in-may.html

Internal Doc reveals GMaC filed false Document in Bid to foreclose GMAC, one of the nations largest mortgage servicers, faced a quandary last summer. It wanted to foreclose on a New York City homeowner but lacked the crucial paperwork needed to seize the property.
http://www.propublica.org/article/gmac-mortgage-whistleblowerforeclosure

Housing Crisis Destroys Minority Wealth the crash in real estate values has widened the wealth gap between whites and the two largest minority groups in the U.S. - Hispanics and blacks - to record levels, according to an analysis of the latest government data by the Pew Research Center.
http://www.thestreet.com/story/11199116/1/housing-crisis-destroysminority-wealth.html

ANHD members accomplish big things in housing. Help us tell these stories.

Share your ideas with the reader

Since our first issue more than 30 plus years ago, The ANHD Inc Reader has featured compelling stories of successes and challenges facing NYCs affordable housing movement. Help us to continue giving our movement a voice. suggest a story idea, submit an article, or initiate a feature on your organization. send your email to david.k@anhdinc.org

the READER
Residents call for NY Com munity Ban
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April 12, 2011 Volume XXXVI Number

Milk Ru

k to end

Last Thursda y, tenants Bronx held of 735 Bryant a press conferen Ave ce to demand in the action. The goal was and physical to bring attention to the neglect that for years. has plagued disinvestment their building Residents were joined Ruben Diaz by Bronx Borough Presiden Quinn, as and City Council Speaker t well as neighbor Christine buildings s from surround as ing Community they collectively called Bank to put on New York an end to the serial Unfortunately, neglect. York Commun this is not an isolated ity Bank, Above 735 Bryant which holds incident for New Ruben (l-r) Bronx Borough as well as the Diaz, 735 Bryant President 33 other buildings mortgage on Association President Avenue City Council Gennet Tenant (including Speaker Quinn Riley and press conference. during the Inset:
contd on p3

Residents NYCBs portfolio of nearby buildings express thoughts under

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employment opportunity

Director of real estate Development

aPPLY ONLINe

Project Manager
Neighborhood Restore HDFC (NR) and Restored Homes HDFC (RH), two related non-profit housing development corporations are looking for a PRoJECt MANAGER who can manage a portfolio of sites and oversee property management and development activities for those sites. Specific responsibilities include: oversee the property managers in activities including development and approval of annual budgets and building stabilization plans, review monthly financial positions, coordinate emergency repairs, and facilitate productive tenant relations, in addition to working with HPD, private funding institutions, and other City agencies to assist developers to complete scopes of work and financing options, rehabilitation plans, tenant communication and construction loan closing. Qualified applicants to this position would possess a masters degree in planning, real estate finance, business administration or comparable field and a minimum of 4 years of work experience in the areas of housing or community development, property management, or planning is required. Work experience with the City of New York and familiarity with NYC neighborhoods and a valid drivers license is preferred. Please email resume to: humanresources@neighborhoodrestore.com. Neighborhood Restore is an Equal opportunity Employer.

aPPLY ONLINe

Bldg Manager trainee

Clinton Housing Development Company (CHDC) is a non-profit organization that develops, manages and owns affordable housing in Manhattan. CHDC is looking for a Building Manager trainee who is interested in affordable housing and community development. The Building Manager is responsible for managing the day-to-day management of buildings as assigned. Each building manager is assigned certain buildings for which s/he is the primary contact person. Building Managers are active on-call during the week and on assigned weekends and holidays on a rotational basis. responsibilities Process building maintenance and repair projects and requests for assigned buildings; Monitor complaint log daily, process all requests, and concerns as necessary; Review and approve all bills and invoices for assigned buildings; Ensure that regular maintenance procedures occur, including but not limited to fuel delivery and extermination for all CHDC buildings; Produce weekly reports for departmental open tasks. Minimum Qualifications Computer literacy including MS Office; Excellent administrative and organizational skills; Strong written and oral communication skills; Ability to juggle multiple tasks; Ability to work within timeframes; Spanish speaking a plus. Salary range $33,000 - $38,000 (resident) $35,000 - $40,000 (non-resident)

aPPLY ONLINe

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employment opportunity

LOCAL INITIATIVES SUPPORT CORPORATION Position Announcement Community Development Officer The New York City program of Local Initiatives Support Corporation (LISC) seeks candidates for Community Development Officer. The position reports to the LISC NYC Managing Director. Background LISC is a national nonprofit organization, which provides financial and technical assistance to neighborhood-based nonprofit community development corporations (CDCs) working to improve housing and economic conditions in distressed neighborhoods. The New York City program works with CDCs and community-based entrepreneurs throughout the city to develop affordable multi-family rental housing, homeownership opportunities, commercial enterprises and community facilities. LISC New York City raises grants, loans and equity for strategic investments in community development organizations. In New York City, LISC and its affiliates have invested over $1.7 billion in nonprofit and local developers resulting in the creation of over 30,000 new homes and apartments and 2,000,000 square feet of commercial, industrial, and retail space. Responsibilities: Provide support and resources to client community development corporations and entrepreneurs. Underwrite real estate transactions including pre-development loans, tax credit transactions, commercial and retail loans and investments and community facilities loans. Work closely to build a pipeline of projects for LISC NYCs education facility lending and New Market Tax Credit portfolio. Work with Community Development Team members on initiatives such as CDC staff capacity building, organizational development, economic development, community safety, healthcare, and school and community facility construction. Qualifications Candidates should have strong underwriting experience and familiarity with the New York City area real estate market. Familiarity with city, state and federal housing financing programs a must. They should also have the ability to work collaboratively with coworkers and representatives from the nonprofit, corporate, philanthropic and public sectors. Candidates must have the capacity to work on multiple tasks and projects, be able to prioritize a challenging workload, be positive and solution-oriented. Excellent writing, financial analysis and verbal communication skills are essential. A Bachelors degree and at least 3 years of related experience are required; graduate level education is a plus. LISC offers a competitive salary and excellent benefits. Please send cover letter and resume to: Denise Scott, Managing Director LISC New York 501 Seventh Avenue, 7th Floor New York, NY 10018 resumes@lisc.org LISC IS EQUAL OPPORTUNITY EMPLOYER COMMITTED TO DIVERSITY & INCLUSION

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employment opportunity

Community Organizer
Bridge street Development Corporation is seeking a candidate for Community organizer. Duties and responsibilities: Works with residents to stabilize blocks where BSDC is currently developing property. Conducts assessments of blocks where BSDC is considering real estate development to determine what issues will impact development. Works with Housing Group staff to implement plans to address issues resulting from assessments. Develops and implements neighborhood-based educational programs on issues related to homeownership. Partners with community residents in the development of block and tenant associations. Supports existing block and tenant associations. Organizes new tenant and block associations. Identifies and helps develop neighborhood leadership. Attends regular community meetings, such as the 79th Precinct Council, 81st Precinct Council and Community Board #3, and other Central Brooklyn Precinct Councils and Community boards. Plans and coordinates Foreclosure Outreach. Represents BSDC and community interests at public forums and community events. Maintains a visible presence as a member of the community. Provides grassroots marketing support to Housing Group staff, as needed. Works with the Director of Economic Development to organize merchants. Prepares written reports. Other duties as assigned. Qualifications/Requirements: Bachelors degree. Minimum of five years experience working within the community development field, Demonstrated experience in organizing and developing resident leadership, leveraging financial and technical resources to produce tangible improvement in neighborhoods, and facilitating collaborative efforts among community leaders, non-profits and public agencies. Self-starter. Ability to work independently. Demonstrated leadership capacity and sound judgment Computer literacy with proficiency in MS office products (Word, Excel, PowerPoint). Excellent oral and written communication skills. . Ability to work effectively with people of various races and backgrounds. Ability to multi task. Ability to work effectively as a member of a team. to apply: Please send cover letter and resume to:

Imelba Rodriguez Homeownership services Manager Bridge street Development Corporation 460 Nostrand Avenue Brooklyn, NY 11216 F. (718) 636-7595 irodriguez@bsdcorp.org

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At Citi, we have worked hard to create a workplace with an emphasis on inclusion, innovation and merit, rooted in our shared values and respect for our colleagues and the millions of people we serve. We aspire to be a company where the best people want to work; a company dedicated to empowering individuals and families around the world; and a company that provides opportunity for all. An Equal Opportunity Employer M/F/D/V | careers.citigroup.com
2009 Citigroup Inc. Citi and Arc Design is a registered service mark of Citigroup Inc. 571810 11/09

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NEWLY CONSTRUCTED APARTMENTS FOR RENT

922 Westchester Owners LLC is pleased to announce that applications are now being accepted for 87 affordable housing rental apartments now under construction at 920 Westchester Ave, in the Longwood section of the Bronx. This building is being constructed through the Low-Income Affordable Marketplace Program (LAMP) of the New York City Housing Development Corporation and the Low Income Rental Program (LIRP) of the New York City Department of Housing Preservation and Development. The size, rent, and targeted income distribution for the 87 apartments are as follows:

#Apts. Available 27 16 44

Apartment Size Studio 1Bedroom 2Bedroom

Household Size* 1 1 2 2 3 4

Monthly Rent** $731 $781 $942

TotalAnnualIncomeRange*** MinimumMaximum $26,846$33,300 $28,594$33,300 $28,594$38,040 $34,149$38,040 $34,149$42,780 $34,149$47,520

Qualified Applicants will be required to meet income guidelines and additional selection criteria. To request an application, mail a SELF ADDRESSED STAMPED ENVELOPE to: 922 Westchester Owners LLC c/o: The Wavecrest Management Team, 87-14 116th Street, Richmond Hill, NY 11418, or download from www.922Westchester.com. Completed applications must be returned by regular mail only (no priority, certified, registered, expressed or overnight mail will be accepted) to a post office box number, that will be listed with the application, and must be postmarked by 08/15/11. Applications postmarked after 08/15/11 will be set aside for possible future consideration. Applications will be selected by lottery; applicants who submit more than one application will be disqualified. Disqualified applications will not be accepted. A general preference will be given to New York City residents. Current and eligible residents of Bronx Community Board 2 will receive preference for 50% of the units. Eligible households that include persons with mobility impairments will receive preference for 5% of the units; eligible households that include persons with visual and/or hearing impairments will receive preference for 2% of the units; and eligible City of New York Municipal Employees will receive a 5% preference.
No Brokers Fee. No Application Fee. MICHAEL R. BLOOMBERG, Mayor New York City Department of Housing Preservation and Development Mathew M. Wambua, Commissioner New York City Housing Development Corporation MARC JAHR, President www.nyc.gov/housing

* Subject to Occupancy Criteria

** Includes gas for cooking

*** Income guidelines subject to change

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tD Charitable foundation to award $2.5 Million In Grants To Non-Profits Focusing On affordable Housing Initiatives
the tD Charitable Foundation, the charitable giving arm of tD Bank, announced it will award $2.5 million in grants to support affordable housing initiatives through its sixth annual Housing for Everyone grant competition. the Housing for Everyone grant competition is one of the tD Charitable Foundations most widely known signature programs. The competition invites local non-profit organizations from Maine to Florida to submit proposals outlining their plans and initiatives to support and provide affordable housing initiatives in their communities. Twenty-five organizations throughout TD Banks footprint from Maine to Florida will be awarded a $100,000 grant for a total grant donation of $2.5 million. this years Housing for Everyone theme is Building for the Future, focusing on three critical areas in affordable housing: Energy efficiency, including weatherization initiatives, HVAC improvements, or implementation of alternative or renewable energy sources; Capacity building, including the expansion of programmatic efforts or staff development for organizations that provide affordable housing services for low-to-moderate-income individuals or in lowto-moderate-income communities. Infrastructure investment to expand services provided will also be considered; And new unit creation, where organizations focus their efforts on the creation of new affordable housing units that benefit low-to-moderate-income individuals or communities. organizations that wish to enter the 2011 Housing for Everyone grant competition must have tax-exempt 501(c)(3) status; must develop or maintain affordable housing, or provide housing-related programs and services to low-to-moderate-income individuals or families; and serve the communities where TD Bank does business. Applicant organizations must also demonstrate fiscal responsibility and the impact they have made on affordable housing efforts in their communities.

Proposals will only be accepted online at www. tDBank.com (click on our Community) and must be submitted by 4 p.m. on Friday, september 2, 2011. Notification of awards will be made in late October 2011. New York Community trust Invites New York City Organizations to apply for Neighborhood revitalization Program the New York Community trusts Neighborhood Revitalization Program is seeking proposals for programs to help residents of New York City cope with economic hardship. the trust is especially interested in supporting programs and projects serving neighborhoods where indicators of poverty and economic hardship have remained stubbornly high, even during good economic times. these include the south Bronx, Central Brooklyn, Central Harlem and Washington Heights, southeast Queens, and the north shore of staten Island. the competition is limited to organizations located in and serving communities within the five boroughs of New York City. Applicant organizations must demonstrate in their proposal that they meet the following program criteria: at least one year of work in communitybased housing or economic development; evidence of completing a project that improved conditions in a neighborhood; strong neighborhood base, including community resident participation on the organizations board of directors; and the ability to work with other organizations and constituencies in the community, such as community boards and other nonprofits. Project funding requests should not exceed $40,000. Last years Request for Proposals generated fifty-two eligible responses: one from staten Island, twelve from Queens, four from the Bronx, eighteen from Manhattan, and seventeen from Brooklyn. For the complete Request for Proposals, application requirements, and information on last years grant recipients, visit the NYCt Web site. Deadline: Aug 19, 2011 http://www.nycommunitytrust.org/ Grantseekers/RequestsforProposals/ NeighborhoodRevitalizationProgram/tabid/409/ Default.aspx

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Contract Name: Sustainable Communities regional Planning Grant Pre-application

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the dwellings must be funded with other leveraged public and private funds. SHOP homeowners must contribute a significant amount of sweat equity towards the purchase of their units. Donated volunteer labor is also required. Assisted units must be decent, safe, and sanitary nonluxury dwellings that comply with local building and safety codes and standards. these units must be sold to eligible low-income homebuyers at prices below the prevailing market price.Deadline: sep 06, 2011 Funding Amount: Estimated total Program Funding: $26,676,540 Link: http://www07.grants.gov/search/search. do?&mode=VIEW&oppId=103454 Contract Name: fair Housing Initiative Programs Private enforcement Initiative Department of Housing and urban Development is accepting RFPs for funding under its fair Housing Initiative Programs - Private enforcement Initiative. This Initiative assists private, tax-exempt fair housing enforcement organizations in the investigation and enforcement of alleged violations of the Fair Housing Act. there are three components under this Initiative: General Component (PEI-M) (1) Multi-Year Component. Eligible applicants are Fair Housing Enforcement Organizations (FHOs) or Qualified Fair Housing organizations (QFHos) with at least one or two years experience, respectively, in complaint intake, investigation and fair housing testing. (see Chart on Section III.A. for additional and specific eligibility requirements) and (2) Mortgage Rescue Component (PEI-MRC): Eligible applicants are QFHos and FHos who have the organizational capacity to combat abusive mortgage practices in their communities. PEI-MRC has the same eligibility as PEI-M with additional distinct requirements. (See chart on section III.A. for all eligibility requirements). (3) PEI-PB continuation from FY 2009 and FY 2010. Deadline: Aug 29, 2011 Estimated total Program Funding: $26,000,000 Link: http://www07.grants.gov/search/search. do?&mode=VIEW&oppId=108493

Department of Housing and urban Development is now in the grant pre-application process for The sustainable Communities Regional Planning Grant Program. the program supports metropolitan and multijurisdictional planning efforts that integrate housing, land use, economic and workforce development, transportation, and infrastructure investments in a manner that empowers jurisdictions to consider the interdependent challenges of: (1) economic competitiveness and revitalization; (2) social equity, inclusion, and access to opportunity; (3) energy use and climate change; and (4) public health and environmental impact. the Program places a priority on investing in partnerships, including nontraditional partnerships (e.g., arts and culture, recreation, public health, food systems, regional planning agencies and public education entities) that translate the Livability Principles (section I.C.1) into strategies that direct long-term development and reinvestment, demonstrate a commitment to addressing issues of regional significance, use data to set and monitor progress toward performance goals, and engage stakeholders and residents in meaningful decision-making roles. Deadline: Aug 25, 2011 Estimated total Program Funding: $67,000,000 Link: http://www07.grants.gov/search/search. do?&mode=VIEW&oppId=109013 Contract Name: Self-Help Homeownership Opportunity Program Funds through the Department of Housing and urban Developments SHOP(Self-Help Homeownership opportunity Program) will be awarded to national and regional non-profit organizations and consortia to facilitate and encourage innovative homeownership opportunities on a national, geographically diverse basis through the provision of self-help homeownership housing programs. sHoP funds must be used for land acquisition, the installation or improvement of infrastructure, and for reasonable and necessary planning, administration and management costs. the average sHoP expenditure for the combined costs of land and infrastructure must not exceed $15,000 per dwelling unit. the construction costs of

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