Nyack Housing Assistance Corporaton

Organization Overview

Nyack Housing Assistance Corporaton is located in Nyack, NY. The organization was established in 2004. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nyack Housing Assistance Corporaton is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

N/A

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP AND BUILD AFFORDABLE HANDICAPPED-ACCESSIBLE RENTAL HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

AFTER A 5 YEAR PERIOD OF PREPARATION AND WAITING, IN EARLY NOVEMBER 2007, NYSHFA APPROVED A 4.25M FUNDING PACKAGE TO FINANCE THE CONSTRUCTION OF 28 AFFORDABLE HANDICAPPED-ACCESSIBLE RENTAL HOUSING UNITS. THE PACKAGE INCLUDES BONDS, TAX CREDITS AND GRANTS. THE CLOSING OCCURRED IN DECEMBER 2007 AND CONSTRUCTION AND LEASING WAS COMPLETED IN 2008. THE 28 NEW RENTAL UNITS ARE HANDICAPPED-ACCESSIBLE ONE,TWO AND THREE BEDROOM APARTMENTS FOR LOW INCOME FAMILIES, LOCATED WITHIN THE VILLAGE OF NYACK.CURRENTLY, THE NHAC IS IN THE PROCESS OF ASSESSING SIMILAR PROJECTS FOR DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Bert Hughes
Chairman
$0
Dorothy Mitchell
Director
$0
Ruth Case
Director
$0
Jerry Donnellan
Vice Chairman
$0
Judy Martin
Secretary
$0
Peter Bannon
Treasurer
$0

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