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  • Home | UHAB | Urban Homesteading Assistance Board
    News Don t Miss This Important Event Certain HDFCs will soon reach the end of the HPD 25 year 60 40 resale restriction period As your building s corporate documents state however your income guidelines based on Section 576 of the Private Housing Finance Law DO NOT EXPIRE along with the 60 40 resale restrictions Read More About UHAB History Staff Board Employment Glossary FAQs Useful Links Supporters Programs Organizing

    Original URL path: http://www.uhab.org/ (2016-04-28)
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  • National Co-op Research Project | UHAB | Urban Homesteading Assistance Board
    About UHAB History Staff Board Employment Glossary FAQs Useful Links Supporters Programs Organizing Preservation Development Technical Assistance Member Services Co op Members Member Services FLIP UHAB Fuel Recent Fuel Prices Oil Heat Program Connected Books Bookkeeping Services Market and Match UHAB University Harlem Training and Resource Center Assistance for Distressed Co ops Vendor Directory Resource Library Management Calendar Weatherization Homeownership Application Intro Class Registration Homeownership FAQs Calendar Media Publications Media

    Original URL path: http://www.uhab.org/c/national-co-op-research-project (2016-04-28)
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  • From Ruin to Renewal: Sprouting an Urban Garden | UHAB | Urban Homesteading Assistance Board
    the different apartments may not have been related by blood but facing the challenges of converting to cooperative housing made them a family of choice When one neighbor was diagnosed with a life threatening illness for instance everyone pitched in to pay for a critical medical device that her insurance would not cover Today the camaraderie among these neighbors has reached new heights Broccoli okra zucchini basil and a host of other vegetables sprout from this building s rooftop garden an example of communal urban farming at its best Known as Umbrella House this building is among New York City s 1 600 affordable co ops that UHAB has guided since their days as distressed or failed rentals UHAB serves as the monitoring agent providing a variety of ongoing services from technical assistance to training in sound management fiscal health and maintaining community spirit Umbrella House has a regulatory agreement as well with the city s department of Housing Preservation and Development also designed to help this housing community thrive for generations to come Read more about Umbrella House in The New York Times About UHAB History Staff Board Employment Glossary FAQs Useful Links Supporters Programs Organizing Preservation Development Technical

    Original URL path: http://www.uhab.org/c/ruin-renewal-sprouting-urban-garden (2016-04-28)
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  • Resident Voices: Sharing Responsibilities, Building Community Spirit | UHAB | Urban Homesteading Assistance Board
    That s the best part We look out for each other and we share our responsibilities Milton a Lower East Side HDFC co op shareholder I found out through UHAB that we qualified for a wonderful weatherization program The whole building got new windows an upgraded digital boiler insulation for our roof illuminated Exit signs and even new refrigerators for any shareholder who had one at least ten years old Without this help we never could have afforded all this Gloria president of her Washington Heights HDFC co op board I was laid off from my job in 2008 Having an apartment I could still afford made a massive difference It allowed me to start my own business without constantly worrying about my living expenses Now I have two employees four clients and I no longer have to work from home Serving on the board of this building gives me an opportunity to contribute to my little community here Liz a board member of her Harlem HDFC co op board About UHAB History Staff Board Employment Glossary FAQs Useful Links Supporters Programs Organizing Preservation Development Technical Assistance Member Services Co op Members Member Services FLIP UHAB Fuel Recent Fuel Prices

    Original URL path: http://www.uhab.org/c/resident-voices-sharing-responsibilities-building-community-spirit (2016-04-28)
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  • Why are these community residents fighting for their homes? | UHAB | Urban Homesteading Assistance Board
    and bought my own stove Faced with this type of harassment or enticed by cash offers many other low income residents however have been giving up and moving out See more at http www uhab org news crown heights residents pols and housing advoca About UHAB History Staff Board Employment Glossary FAQs Useful Links Supporters Programs Organizing Preservation Development Technical Assistance Member Services Co op Members Member Services FLIP UHAB

    Original URL path: http://www.uhab.org/c/why-are-these-community-residents-fighting-their-homes (2016-04-28)
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  • Affordable Co-ops: Preserving Homeownership Opportunities | UHAB | Urban Homesteading Assistance Board
    this point in his discussion with DNAinfo on the efforts of the Task Force on HDFCs formerly the Task Force on City Owned Property to preserve affordable homeownership opportunities in New York City Reicher explained that resale price caps help these co op apartments including maintenance remain affordable to families making below 80 percent of the Area Median Income which is 62 160 for a family of three UHAB develops these limited equity co ops and trains and assists their residents It s important to keep in mind that HDFCs must provide affordable housing in perpetuity so buildings allowing shareholders to resell at market rates could face appropriate legal action from the city According to the city s Dept of Housing Preservation and Development there is no provision in the law for opting out as an HDFC or privatizing even after their regulatory agreement has expired The Spirit December 2015 About UHAB History Staff Board Employment Glossary FAQs Useful Links Supporters Programs Organizing Preservation Development Technical Assistance Member Services Co op Members Member Services FLIP UHAB Fuel Recent Fuel Prices Oil Heat Program Connected Books Bookkeeping Services Market and Match UHAB University Harlem Training and Resource Center Assistance for Distressed

    Original URL path: http://www.uhab.org/news/affordable-co-ops-preserving-homeownership-opportunities (2016-04-28)
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  • Don't Miss This Important Event! | UHAB | Urban Homesteading Assistance Board
    is split between the outgoing shareholder in accordance with the directives of your documents What happens when 60 40 expires Many shareholders are under the mistaken impression that when the 25 year 60 40 resale restriction expires they are automatically free of both the 60 40 profit split and the Section 576 income guidelines Action must be taken to update the records in the County Clerk s Office and update the HDFC s policy on FLIP fees Does this apply to my building This rule applies to many HDFCs depending on the incorporation dates This applies to buildings that incorporated as an HDFC between 1986 and 1995 however buildings that incorporated in 1986 1987 and 1995 should refer to their documents to confirm whether this applies To clarify these rules and regulations UHAB Member Services is hosting a special seminar for your HDFC 40 of Profit to the City Issues that Arise when the 60 40 Requirement Ends Thursday April 21 2016 from 6 00 PM to 8 00 PM Brooklyn Law School 250 Joralemon Street Brooklyn NY 11201 Take the 4 5 or the 2 3 train to the Borough Hall Station in Brooklyn Note that a seminar in Manhattan is currently being scheduled for May 2016 This seminar is designed for board members and other shareholders of HDFCs that have spent the better part of 25 years paying 40 of all of their resale profits to the city Join UHAB Brooklyn Law School Professor Debbie Bechtel and students from the Brooklyn Law School Corporate and Real Estate Clinic as they explain what actions your HDFC is required to take to officially terminate your 60 40 resale agreement once it expires Hear what changes you will need to make to your proprietary lease by laws and certificate of incorporation

    Original URL path: http://www.uhab.org/news/dont-miss-important-event (2016-04-28)
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  • About UHAB | UHAB | Urban Homesteading Assistance Board
    work is based on five core principles These values steer all of our efforts and create a foundation of understanding between residents as the key decision makers and UHAB staff as providers of advice and access to resources I Self Help When residents take the lead on everything from creating managing and preserving their own co ops to advocating for affordable housing policy reform this not only improves buildings and neighborhoods but it transforms lives as well II Democratic Residential Control Transparent leadership and the participation of a majority of residents each contributing unique skills and perspectives make democratic governing and organizing possible III Shared Equity or Limited Equity Co op Ownership Allowing departing shareholders to make only small profits when selling their shares preserves affordability for current and future low income co op homeowners by keeping purchase prices low and protecting building eligibility for a variety of subsidies IV Cost Effective Sustainability UHAB provides access to affordable high quality resources including fuel and weatherization programs bulk rate fire and liability insurance assistance with loans for co op shares and capital improvements advice on governance tax abatement guidance debt analysis and streamlined bookkeeping V Continual Learning Ongoing education and training

    Original URL path: http://www.uhab.org/about (2016-04-28)
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