Printer Friendly

WORKSHOP ON FUNDING SOURCES FOR AFFORDABLE HOUSING AND COMMUNITY INVESTMENT SLATED FOR APRIL 29

 WORKSHOP ON FUNDING SOURCES FOR AFFORDABLE HOUSING
 AND COMMUNITY INVESTMENT SLATED FOR APRIL 29
 NEW YORK, April 21 /PRNewswire/ -- An information-packed workshop focusing on financial funding resources and new programs available for affordable housing entitled "Developing Affordable Housing Through Public/Private Partnerships" will be sponsored by the Federal Home Loan Bank of New York (FHLBNY) and the Fannie Mae Foundation. The workshop will be conducted by the Community Research and Development Group (CRDG). The workshop is designed for bankers, builders, realtors, non- profit lenders and anyone who has an interest in housing.
 Joan Rogers of CRDG said, "This one-day workshop focuses on techniques and real ways to secure those limited financial resources that reduce the overall cost of housing. We provide specific models and methods for acquiring needed funding for various types of housing developments, both existing inventory and new developments."
 The workshop will be held on Wednesday, April 29, at the College of Insurance, 101 Murray Street, New York, N.Y. Representatives from the FHLBNY, the Fannie Mae Corporation, CRDG, The Community Preservation Corporation, Dime Savings Bank of New York, Neighborhood Housing Services, Housing and Neighborhood Development Institute, River Bank of America, Carver Federal Savings, New York City Housing, Development and Preservation Office, and the Yonkers Fair Housing Implementation Office will illustrate proven techniques of utilizing available financial resources to reduce the overall cost of developing housing. Key topics include the FHLBNY's Affordable Housing and Community Investment programs, innovative affordable housing programs that the secondary market has created, numerous funding and financing programs such as the low income tax credit program, down payment and closing cost assistance programs, and innovative funding models for single-family, multifamily, cooperative and condominium developments.
 The cost of the workshop, which is subsidized by the Fannie Mae Foundation and the FHLBNY, is $75 for the private sector and $40 for non-profit and religious groups and government officials. To register, on a first-come, first-served basis, call (802) 860-1748/660-9242 or FAX a letter of interest to (802) 658-4621.
 The Federal Home Loan Bank of New York provides low-cost financing and other banking services to stockholding institutions in support of affordable housing for Americans in New York, New Jersey, Puerto Rico and the U.S. Virgin Islands.
 The Federal Home Loan Banks - America's Housing Banks.
 -0- 4/21/92
 /CONTACT: Eugene J. Sherman of Federal Home Loan Bank of New York, 212-912-4605; or Joan A. Rogers of Community Research and Development Group, 802-860-1748. CO: Federal Home Loan Bank of New York ST: New York IN: FIN SU:


PS -- NYTU004 -- 0397 04/21/92 09:00 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 21, 1992
Words:429
Previous Article:INTEL AND IBM TO WORK JOINTLY ON XGA COMPONENTS FOR PC GRAPHICS IMPROVEMENTS
Next Article:DIGI INTERNATIONAL NAMES NEW DIRECTOR OF MARKETING FOR ITS DIGIBOARD DIVISION


Related Articles
LISC ANNOUNCES $128 MILLION HOUSING FUND; PHILADELPHIA TO RECEIVE $4 MILLION FOR AFFORDABLE HOUSING
FEDERAL HOME LOAN BANK OF NEW YORK ANNOUNCES 15 AFFORDABLE HOUSING PROJECTS; 981 UNITS
OREGON EQUITY FUND NOW NATION'S LARGEST STATEWIDE EQUITY FUND FOR LOW-INCOME AFFORDABLE HOUSING
FEDERAL HOME LOAN BANK SPONSORS AFFORDABLE HOUSING AND COMMUNITY INVESTMENT BRIEFING
PA Congressman Holden to Tour YMCA Transitional Housing Facility.
Capito Delivers Keynote Address at West Virginia Community Investment Workshop.
Federal Home Loan Bank of Dallas Awards $1 Million in Grants Supporting Affordable Housing in Arkansas; Recipients Located in Arkadelphia, Ft. Smith,...
Countrywide Home Loans Opens 'House America' Branch in Cincinnati.
Local government strategies on workforce housing.
Enterprise Community Investment Makes Strategic Investment in Seattle's Central Area Neighborhood.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters