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Former Mayor Koch calls for major new housing program.


Former 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.
 Mayor Edward I. Koch called for a major new 10-year housing development program as he received the Lifetime Housing Achievement Award of the 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
 Housing Conference (NYHC NYHC New York Hardcore ) and National Housing Conference (NHC NHC National Hurricane Center
NHC Naval Historical Center
NHC National Housing Conference
NHC National Hurricane Conference
NHC National Healthcare Corporation
NHC No Homers Club (Simpsons cartoon) 
) at their annual awards luncheon.

The award was in recognition of Koch's role in initiating a $5 billion housing revitalization program during his tenure in office that has resulted in the creation of tens of thousands of units of affordable housing for New Yorkers.

"We rebuilt whole neighborhoods and created new ones," said Koch. "But the need is still there and calls out for a new, dramatic, securely funded 10-year plan to do an even better job today, because of what we have learned over the years."

This luncheon is the largest affordable housing event in New York each year, with more than 1,400 attendees from the real estate, banking, insurance, investment banking, development, architecture, law, government and not-for-profit advocacy sectors.

"We know how to mesh government and private monies, how to use tax credits and incentives to attract private capital and make it possible for business people, while making a buck, to give something major back to the city and country which has given so much to so many of us," Koch said. "The need for new housing has not slackened. Public resources must be provided for the development of affordable housing through both the allocation of tax-exempt bonds and public loans at low interest rates. The energy and talent that produced thousands of units under the 10-year program in the public and private sectors is still here."

Other honorees at the luncheon - who have played a key role in New York housing and community development efforts - were: Pamela P. Flaherty, senior vice president of Citigroup, who received the Distinguished Public Investment Award; Lawrence J. Toal, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of The Dime Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest.  of New York, who received the Distinguished Community Banking Award; Battery Park City Authority The Hugh L. Carey Battery Park City Authority is a New York State public benefit corporation whose mission is to plan, create, co-ordinate and maintain a balanced community of commercial, residential, retail, and park space within its designated 92-acre site on the lower west side  (James Gill, chairman; John LaMura, president and CEO), which received the Distinguished Public Service Award; West Side Federation for Senior Housing (Laura Jervis, executive director), which received the Distinguished Community Service Award.

The keynote speaker at this year's luncheon was New York State Insurance Superintendent Neil D. Levin. The luncheon chairman was Robert O. Lehrman, chairman of Resheff Inc. and Special Counsel to the Community Bankers Association of New York State. Clara Fox and John Kelly are co-chairs of the New York Housing Conference. Carol Lamberg is the staff director. Monica Hilton Sussman is the president of the National Housing Conference.

Co-chairs were Naomi S. Bayer, director, New York City Partnership Office, Fannie Mae Fannie Mae: see Federal National Mortgage Association. ; Stanley Berman, partner, Robinson Silverman Pearce Aronsohn & Berman LLP LLP - Lower Layer Protocol ; Paul A. Crotty, senior vice president of Regulatory and Government Affairs for NY & CT, Bell Atlantic Corporation; Alfred DelliBovi, president and CEO, Federal Home Loan Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. ; Ann F. Kaplan, partner, Goldman, Sachs & Co.; Sydelle M. Knepper, president and CEO, Sydelle Knepper Associates/Marin Rehab Corp.; Michael D. Lappin, president and CEO, The Community Preservation Corporation; Felice L. Michetti, chairperson, Grenadier Realty Corp.; Joseph S. Morgano, executive vice president, Independence Community Bank; Ana Pereira, executive director, Heritage Health and Housing, Inc.; Alan H. Weiner, chairman, American Property Financing, Inc.; Mark A. Willis, president, Chase Manhattan Foundation; and Franklin L. Wright, Jr., Deputy General Counsel, The Dime Savings Bank of New York, ESB (Enterprise Services Bus) A message broker that supports Web services. See message broker, messaging middleware and Web services. .

The New York Housing Conference represents the city's major non-profit and private affordable housing organizations. Founded in 1973, the Conference develops and advocates for housing policies and programs on the state and local levels. The National Housing Conference, founded in 1931, plays a similar role on the national level. The organizations include state and local officials, builders, bankers, owners, investors, insurers, residents and other community leaders.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:ex-New York City Mayor Edward Koch
Publication:Real Estate Weekly
Date:Feb 3, 1999
Words:630
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