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It was signed into law in 1955 as the Limited-Profit Housing Companies Law. [2] [3] It was later recodified as article II of the 1961 Private Housing Finance Law.[7] [8] Article II Limited-Profit Housing Companies refer to not-for-profit corporations, whereas article IV Limited Dividend Housing Companies refer to non-Mitchell–Lama affordable housing organized since 1927 as business ...
The IG’s report, ‘An In-Depth Review of the Division of Housing and Community Renewal’s Oversight of the Mitchell-Lama Program,’ describes the results of an examination that revealed fundamental deficiencies in DHCR’s oversight of the Mitchell-Lama program during the period January 2003 to October 2006.
Lindsay Park is a housing cooperative located in the East Williamsburg neighborhood of Brooklyn in New York City. The cooperative is part of the Mitchell-Lama Housing Program, through which the state of New York grants it tax exemptions to maintain affordability. [1] With 2702 units, it is the largest Mitchell-Lama co-op in Brooklyn.
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Amalgamated Housing Cooperative (1927, 1947–49, expansion 1952–55, 1968–70 Bronx, "The Amalgamated", 1,435 units; still operating as a co-operative; Amalgamated Dwellings (1930), in Cooperative Village, Lower East Side of Manhattan, New York City, 236 units; Hillman Housing Corporation (1947–1950), in Cooperative Village, 807 units
Village View is a 1,236-unit [1] apartment complex located in the East Village neighborhood of Manhattan in New York City. Created as a Mitchell–Lama housing co-op, it opened in 1964, and consists of seven buildings located between First Avenue, 2nd Street, Avenue A, and 6th Street. Three of the buildings have 21 floors, while the other four ...
The audit sampled five Mitchell-Lama developments outside New York City. The Mitchell-Lama program is a state initiative launched in 1955 to create affordable rental and cooperative housing for ...
The Amalgamated Housing Cooperative is a limited-equity cooperative in New York City.Organized by the Amalgamated Clothing Workers (ACW), a Manhattan-based socialist labor union, the co-op's original cluster of Tudor-style buildings was erected at the southern edge of Van Cortlandt Park in 1927.