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Cornegy, Jr. Please see flyer for RSVP info. Join us for this important meeting with two panels. Details below. See you there! Our elected officials are now roundly taking HPD to task for foreclosing on HDFCs and not seeking to preserve home ownership for the low, moderate and middle income New Yorkers who saved the buildings that they call home. Click below to read the proposal in English and Spanish. There is strength in numbers, and the squeaky wheel gets the grease! Find your local City Council Member here , and your community board here.
Thank you. Foreclosures are OK! This is a huge victory! Thank you to everyone who called and wrote to Senator Little and other elected officials! And, a big thank you to Senator Little for hearing our concerns and doing the right thing! Unless another State Senator -OR- State Assemblyperson decides to pick up the bill and sponsor it again, the bill is dead.
Published Please share this paper with your neighbors and your elected officials. A cover letter from the HDFC Coalition with important points is attached at the front of the document. While we are not attorneys and therefore cannot give legal advice please see our legal disclaimer here , the Foreclosure Committee may be able to help you find legal assistance, and they also want you to know that there are still things that can be done to help right now, such as filing an application with HPD for help with your property tax arrears.
The Foreclosure Committee does wish to assist your HDFC, free of charge, if you and your fellow shareholders are in danger of losing your building and therefore ownership of your home. To see an example of a letter warning of foreclosure, click here. Also, click here to see video highlights from a presentation in Harlem on November 15th, on the process to apply for tax relief. This bill is an attempt to revise the corporate status of our HDFC buildings to transfer our property rights to the City of New York and would change the rules of the game to take control of our property decades after we agreed to save these buildings in exchange for real ownership.
Some 1, plus HDFC cooperatives are of different size and character physically, financially and culturally. Multiple options must be developed so that each HDFC may choose the one that most suits their needs. In cases where foreclosure cannot be prevented, HPD should help to re-form these buildings as new HDFC cooperatives with real shareholder equity to preserve affordable homeownership for New Yorkers, rather than give them debt-free to developers. And the actual bill is here.
The second video is from earlier in the Town Hall, where he is asked about the State bill and gives an answer about his efforts to have a bill passed at the City Council level. Thank you to all our elected officials who are supporting HDFCs! Thank you Council Members! See these signs ready to go!
See the resolution: click here! Click here. The letter is shown below. Click on images of letters below to read and the PDF is here :.
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