News: Brokerage

Carrion of NYC Department of Housing Preservation and Development speaks at Housing Partnership event

Manhattan, NY NYC Housing Partnership president and CEO Jamie Smarr greeted NYC Department of Housing Preservation and Development (HPD) commissioner Adolfo Carrion at the non-profit’s 40th anniversary fundraising event.

The Housing Partnership’s event was attended by stakeholders in the city’s affordable housing community, including developers, architects, attorneys, lenders, faith leaders and affordable housing advocates.

For four decades the nonprofit Housing Partnership has led relationships among private sector developers and financial institutions and city, state and federal agencies that created and preserved more than 72,400 low and moderate-income housing units in the five boroughs, leveraging over $7.6 billion in private financing and utilized more than $540 million in subsidies for affordable housing.

“This stimulates economic activity that strengthens the social fabric of neighborhoods where people can now live in safe, comfortable, affordable homes,” said Smarr.

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