Urban Homesteading Assistance Board

New York NY


Urban Homesteading Assistance, Inc. is an emerging CDFI, established in 1973. It facilitates the development and preservation of housing cooperatives in New York City targeted and affordable to very low-income and low-income households. The Awardee will use the $100,000 TA grant to 1) cover staff salary operating expenses; 2) update accounting systems for high volume lending; 3) write policies and procedures manual; 4) develop a capitalization strategy; and 5) purchase portfolio management software.

CDFI Awards for Urban Homesteading Assistance Board


TA (2006) - $100,000

Urban Homesteading Assistance, Inc. is an emerging CDFI, established in 1973. It facilitates the development and preservation of housing cooperatives in New York City targeted and affordable to very low-income and low-income households. The Awardee will use the $100,000 TA grant to 1) cover staff salary operating expenses; 2) update accounting systems for high volume lending; 3) write policies and procedures manual; 4) develop a capitalization strategy; and 5) purchase portfolio management software.



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