Way back in 1966, New York State established the Housing Development Finance Corporation (HDFC) as part of its efforts to provide affordable housing to residents of the state. The program has been very successful, providing over 100,000 affordable residences, many of them here in New York City. In recent years however, an increasing number of HDFC properties, particularly co-ops, are choosing to …
The post Big Changes for Co-ops Leaving HDFC Program first appeared on 2900 Ocean Condo.