Why 2017 could be make-or-break for New York's affordable HDFC co-ops

… to watch will be the debate over the fate of the citys affordable HDFC coops HDFC stands for Housing Development Fund … price caps for sales while also carving out exceptions for apartments that were already purchased at a higher price … dollars lower A lot of complaints have been made that HPD is putting so much effort into carving out exceptions …

By Virginia K. Smith |January 12, 2017 - 8:59AM
Is a major sea change on the way for the city's affordable HDFC co-ops?

… HDFC coopsapartments with special tax breaks and income caps for buyershave long been something of a paradox in the New … try to find a way around them Its human nature In any case HPD seems keen on the plan too and one official told DNAinfo …

By Virginia K. Smith |February 11, 2016 - 12:59PM