The Time is Now: Invest in Hotels As a Permanent Housing Solution
We have the solution to NYC’s deepening housing crisis. It’s time to convert closed hotels into permanent affordable SRO housing.
We have the solution to NYC’s deepening housing crisis. It’s time to convert closed hotels into permanent affordable SRO housing.
The Muller Residences at 555 Nereid Avenue brings 90 units of affordable and supportive housing to the Bronx, with 54 reserved for veterans experiencing hardship. NEW YORK, NY— The Doe Fund announces that it has received a Temporary Certificate of Occupancy for the Muller Residences, its latest affordable and supportive housing development. Located at…
Isabel McDevitt is an Executive Vice President at The Doe Fund. At the start of 2020, a global pandemic was inconceivable. Yet here we are, one year into what is no longer the “new” normal. Through this shocking, tragic, and life-altering time, COVID-19 has shown us the best and worst of our society, our institutions,…
As a new administration and Congress takes shape, we hope to see a renewed commitment to criminal justice reform and to reentry programs that address the underlying causes of homelessness and recidivism. As a leader in the field, The Doe Fund has a responsibility to offer real, bipartisan solutions. Below, we have laid out the…
NEW YORK, NY— The Doe Fund announces that it has received a Temporary Certificate of Occupancy for Villa House, which will serve formerly homeless individuals and individuals or households from the NYCHA waitlist with an emphasis on prospects from the local community. The 10-story development will include 60 studio units and eight one-bedroom apartments. Sixty…
NEW YORK, NY— The Doe Fund celebrated a topping off ceremony for its latest real estate development at 980 Westchester Avenue in the Foxhurst neighborhood of the Bronx. The project, a $71.4 million joint venture with Bolivar Development, will create 151 new affordable and supportive units utilizing city and local funds. The building, also known…
New York, NY— The Doe Fund announced that it received 9% Low-Income Housing Tax Credits from the New York State Homes and Community Renewal (HCR) for its new multifamily development, 4519 White Plains Road in the Wakefield neighborhood of the North Bronx. The Doe Fund was the only NYC-based housing provider chosen to receive the…
NEW YORK, NY— The Doe Fund recently received a Federal Home Loan Bank of New York Affordable Housing Program award of $600,000 for Villa House, its latest affordable and supportive multifamily development in the Bronx. The FHLBNY AHP provides members with direct subsidies which are passed on to income-qualified households through sponsoring local community-based organizations. AHP…
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