Overview
What is Affordable For Ny Inc?
Affordable For Ny Inc, based in Brooklyn, New York, serves as an approved administrative agent for the New York City Department of Housing Preservation and Development (HPD). Their primary mission is to oversee the lease-up and monitoring of affordable housing within inclusionary projects in the city, ensuring that these living spaces are accessible to individuals in need. By acting as an intermediary between HPD and the projects, Affordable For Ny Inc plays a crucial role in promoting affordable housing options within New York City.
Is Affordable For Ny Inc legitimate?
Affordable For Ny Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable For Ny Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Affordable For Ny Inc?
Affordable For Ny Inc serves as an approved agent for the HPD, overseeing the lease-up and monitoring of affordable housing in New York City for inclusionary projects. Their primary mission is to ensure that these affordable housing units are distributed and maintained according to the guidelines set by the HPD for inclusionary projects. By doing so, they contribute to making affordable housing options more accessible in the city. Their role involves supervising the leasing process and conducting regular checks to ensure the housing remains affordable for those who need it most.
Who is the CEO of Affordable For Ny Inc?
Moshe Gutman is the Director of Affordable For Ny Inc.
What is the revenue of Affordable For Ny Inc?
Affordable For Ny Inc's revenue in 2022 was $175,941.
Who are the executives of Affordable For Ny Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Affordable For Ny Inc?
Affordable For Ny Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Affordable For Ny Inc
Affordable For New York, serving as an approved HPD admin agent, is primarily responsible for overseeing the lease-up and monitoring of affordable housing in New York City for inclusionary projects. This mission involves ensuring the smooth transition of residences in affordable housing developments, while also maintaining close scrutiny to ensure compliance with the guidelines of these projects. By taking on this role, Affordable For New York plays a crucial part in promoting access to affordable housing in the city, thereby contributing to the overall well-being of its residents.
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Impact
October, 2024
Affordable For NY Inc significantly impacts the availability and management of affordable housing in New York City. By serving as an approved HPD (Housing Preservation and Development) agent, the organization ensures effective oversight of the leasing and monitoring processes for inclusionary housing projects. This role is crucial in maintaining the integrity and accessibility of affordable housing options for residents in a city where housing costs continue to rise.
Through its efforts, Affordable For NY Inc facilitates a streamlined lease-up process, helping to connect low- and moderate-income families with suitable housing. The organization's dedication to monitoring these properties ensures that they remain affordable and comply with regulations, thus promoting long-term stability for tenants and reinforcing the community's socioeconomic fabric. Ultimately, their work plays a vital role in addressing housing disparities and supporting the city's commitment to inclusive growth.
This information is meant to be a general summary of Affordable For Ny Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $175,941
Assets and Liabilities:
- Total Assets: $144,687
- Total Liabilities: $0
- Net Assets: $144,687
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Organization Details
Founding Year
2019
Phone
(347) 388-8857Principal Officer
Moshe Gutman
Main Address
670 MYRTLE AVE 7181, BROOKLYN, NY, 11205
NTEE Category
Code: T30 - Philanthropy
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