In the 1970s, the Bronx was burning. Many landlords abandoned their buildings. But some residents banded together to maintain, stabilize and eventually purchase their buildings, forming Housing Development Fund Corporations (HDFC) to manage the properties. Now, 50 years later, some HDFCs are struggling to keep their buildings up to code and pay utility bills. Some…(Read More)
Posts From the monthly archives: "February 2020"