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Department of Housing okays Inwood rehabilitation.


New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 Department of Housing Preservation and Development (HPD HPD Honolulu Police Department (Honolulu County, Island of Oahu)
HPD Housing Preservation and Development
HPD Housing Preservation and Development (New York City Department) 
) Commissioner Shaun Donovan and Council Member Miguel Martinez Miguel Martinez is the name of:
  • Miguel Martinez (politician), New York City Council member
  • Miguel Martinez (cyclist) (born 1976), French mountain biker
See also
  • Miguel Angel Martínez
"Miguel Martinez (B.Sc.,D.D., of South San Antonio)"
 announced recenty the rehabilitation of 631 Academy Street in Inwood, Manhattan
This article is about the neighborhood in New York City. For the community of Inwood in Nassau County, see Inwood, New York.


Inwood is the northernmost neighborhood on Manhattan Island in the New York City borough of Manhattan and New York State's
, as part of HPD's Tenant Interim Lease Program (TIL). HPD's TIL program rehabilitates neglected buildings and creates opportunities for affordable homeownership, a key part of Mayor Bloomberg's New Housing Marketplace Plan. The Mayor's Plan will create and preserve 165,000 units of affordable housing over ten years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 largest municipal affordable housing plan in the nation's history. Funding for the $3 million gut renovation was made possible with $200,000 of city capital money allocated by Council Member Martinez, capital funding from HPD and support from the New York State Energy Research and Development Authority The New York State Energy Research and Development Authority (NYSERDA) is a public benefit corporation that was created by the New York State Legislature in 1975. The purpose of the NYSERDA is to provide funding for the research of energy development.  (NYSERDA NYSERDA New York State Energy Research and Development Authority ).

The building, a five-story walk-up with twenty-three units and two commercial spaces, is currently under renovation which is expected to be completed by spring 2007. After enduring years of neglect by a private owner, the property was taken into city ownership and accepted into HPD's TIL program. Through HPD's TIL staff, the tenants' association is receiving assistance and training on how to form a cooperative. TIL buildings are typically sold to cooperatives approximately two months following the completion of rehabilitation work.

"The residents of 631 Academy have shown their commitment to this building and Inwood by creating a tenants' association, helping to manage the property and sticking with the neighborhood. The city has responded by providing an opportunity for them to own their homes, stay in their community and share in the revitalization of Inwood," said HPD Commissioner Shaun Donovan. "Working with Council Member Martinez, the City is preserving affordable housing for long-time residents of Inwood and maintaining a vital and diverse neighborhood.

The $200,000 allocated by Council Member Martinez will be used towards the exterior renovation, including new crown molding, some landscaping and a new entryway. Funding from NYSERDA will go towards green and sustainable features that will help the environment and save money over the long-term. Green features will include new windows, pipe insulation and light fixtures.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:SPECIAL REPORT: PUBLIC WORKS
Publication:Real Estate Weekly
Date:Aug 16, 2006
Words:345
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