Rescued Stalled Site Will Provide 108 New Affordable Rental Units In Long Island City, Queens
New York, NY – City Council Speaker Christine C. Quinn and NYC Department of Housing Preservation and Development Commissioner Mathew M. Wambua announced the second closing in the Housing Asset Renewal Program (HARP), a $20 million pilot program aimed at turning unsold condominiums, market-rate rental buildings and stalled construction sites into affordable housing opportunities for moderate and middle-income families.
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