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Thursday, September 27, 2007

Mitchell-Lama Task Force to Meet Tomorrow at Fordham University

The Bronx Borough President's Office, Tenants and Neighbors, and the Mitchell-Lama Residents Coalition will host an educational session for Mitchell-Lama residents tomorrow (Saturday Septmber 29) at Fordham University. The event will be held in the McGinley Center from 10 a.m. to 1 p.m.

According to the Bill Egbert's article in the Daily News, "The talks will center on how to organize building residents, how to stop a buyout and how residents can make their voices heard in the legislative process now surrounding the Mitchell-Lama Housing crisis."

A similar event was held back in May.


Crain's is reporting that the New York State Housing Financing Agency (HFA) will

"offer low-cost financing to owners of Mitchell Lama developments, in an effort to keep them in the affordable-housing program. HFA also said it plans to offer up to $15 million of zero-interest repair loans to Mitchell Lama developments in need of immediate improvement."

This move by Spitzer may keep some buildings in the program and improve conditions in others, both of which are good things.


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