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Governor Hochul, Secretary Fudge, Senator Schumer, and Representative Bowman Announce Approval of Loan Refinancing to Maintain Housing Quality and Affordability for Co-op City

Governor Hochul, U.S. Department of Housing and Urban Development Secretary Fudge, Senator Schumer, and Representative Bowman announced that Riverbay Corporation, the management company for Co-op City, the U.S. Department of Housing and Urban Development, Wells Fargo, the Mortgage Insurance Fund of the State of New York Mortgage Agency, and NYC Housing Development Corporation have processed and approved Co-op City's Department of Housing and Urban Development loan refinance.

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