Affordable Housing
Throughout the longstanding history of the Douglaston Companies, the team has developed numerous affordable housing projects with the support of various government sponsored programs. Many of the affordable housing developments were created through government agency programs such as the Vacant Building Program, New Home Program, ANCHOR and others under New York City Housing Development Preservation (HPD) and the ANCHOR program, the Loan Participation Program, Senior Affordable Rental Assistance (SARA) program under the New York City Housing Development Corporation (HDC), among others. To create additional long term affordable housing units, various developments also have taken advantage of 421(a) and 420(c) real estate tax benefit program, as well as Low Income Housing Tax Credits (LIHTC) programs.
For availabilities contact Clinton Management at 718.281.2400.
