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Community Service Society gets $197,500 HUD grant.


The Community Service Society of New York The Community Service Society of New York (CSS) is an independent, nonprofit organization that for more than 150 years has helped New Yorkers in need to defeat the problems of poverty and strengthen community life for all.  will use a $197,500 grant from the United States Department of Housing and Urban Development The United States Department of Housing and Urban Development, often abbreviated HUD, is a Cabinet department of the United States government. Although its beginnings were in the House and Home Financing Agency, it was founded in 1965 to develop and execute policy on housing  to develop New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 City's first Mutual Housing Trust an innovative model for acquiring, restoring and preserving affordable low income multi-family housing.

The one-year adj. 1. completing its life cycle within a year.

Adj. 1. one-year - completing its life cycle within a year; "a border of annual flowering plants"
annual

phytology, botany - the branch of biology that studies plants
  grant will fund resident organizing, homeownership counseling, property management training. technical assistance in forming local mutual housing associations, and the preparation of construction cost estimates for rehabilitating the Trust's first 10 buildings.

The buildings, which contain 270 apartments, are located in neighborhoods within Central Harlem, Northern Manhattan, and Brooklyn's Oceanhill-Brownsville section. After the project is completed, residents will control the day-to-day affairs, management and security of their buildings.
COPYRIGHT 1992 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Housing and Urban Development
Publication:Real Estate Weekly
Date:Dec 16, 1992
Words:115
Previous Article:Timothy M. Jones.
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