More than 36,000 NYCHA apartments have either undergone conversion or are in the process of being converted to the RAD-PACT program, which officials say has helped drive billions in needed repairs. But tenants some of whom will get a chance to vote this year on whether they want their developments to join the initiative remain distrustful of the change.
NEW YORK, NY - The New York office of leading financial services provider Merchants Capital today announces it has provided more than $104 million in financing for Harlem River Houses and the adjacent Harlem River II Campus, collectively known as Harlem River Houses I and II. The New York City Housing Authority (NYCHA) property dates back to the 1930s and represents a significant milestone in public housing as one of the first two properties in New York funded, developed and owned by the.
The New York office of leading financial services provider Merchants Capital today announces it has provided more than $104 million in financing for Harlem River Houses and the adjacent Harlem River II Campus, collectively known as Harlem River Houses I and II. The New York City Housing Authority (NYCHA) property dates.
Today, the New York City Housing Authority (NYCHA) and New York City Housing Development Corporation (HDC) closed on the financing of the latest Permanent Affordability Commitment Together (PACT) transaction to fund comprehensive renovations for 690 apartments (as well as the construction of three apartments) at Harlem River Houses and the.