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Harlem River Houses Getting $130M Facelift

Harlem River Houses were approved by the Landmarks Preservation Committee for $130M of improvements to the historic complex, including security upgrades and restored playgrounds. ....

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HARLEM WEEK 2021 - We're on the comeback, live and virtually

HARLEM WEEK 2021 - We're on the comeback, live and virtually
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Merchants Capital closes on first 'risk share' loan

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The New York office of mortgage banking company Merchants Capital has closed on a a $18.2 million Housing Development Corporation (HDC) Fannie Mae Risk Share loan for Mannie Wilson Towers, a historic affordable housing development located in the Harlem neighborhood of Manhattan.
The securement of this funding represents the first HDC Fannie Risk Share loan closed with Merchants Capital, a loan product uniquely created by the company. The loan has a 30-year term and a 40-year amortization.
Located in the former Sydenham Hospital, Mannie Wilson Towers provides 102 one- and two-bedroom units of restricted-income housing for seniors in the Harlem neighborhood. As part of the U.S. Department of Housing and Urban Development (HUD) Section 202 program, units are restricted to residents 62 years of age and older who usually earn 50 percent of the area median income (AMI) or less. The Section 202 program also provides support activities for residents such as c ....

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BLACK HISTORY MONTH 2021: Support Harlem Now! effort steps up

BLACK HISTORY MONTH 2021: Support Harlem Now! effort steps up
nydailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nydailynews.com Daily Mail and Mail on Sunday newspapers.

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