HDFC Cooperative Apartments, located at 1867 Adam Clayton Powell Jr. Blvd in New York City, are housing units that operate under the Housing Development Fund Corporation (HDFC) program. These apartments are generally affordable housing options for low-income individuals or families.
The building at 1867 Adam Clayton Powell Jr. Blvd is part of a larger cooperative community. HDFC cooperatives are owned and operated collectively by the residents who live within them. The purpose behind these cooperatives is to provide affordable homeownership opportunities to those who might not otherwise be able to afford market-rate housing.
Residents of HDFC Cooperative Apartments typically enjoy the benefits of cooperative living, including shared responsibilities, decision-making, and maintenance of the building and common areas. The housing units within the cooperative can vary in terms of size and amenities available.
Affordability is a key aspect of HDFC Cooperative Apartments. The units' sale prices or rental fees are usually restricted to ensure they remain affordable for low-income residents. Restrictions may include income caps, resale restrictions, and prohibitions on renting the unit out to non-residents.
1867 Adam Clayton Powell Jr. Blvd is within close proximity to transportation options, schools, healthcare facilities, and other amenities. The exact amenities, services, and specific unit details may vary, so it is advisable to contact the management or cooperative board to get more accurate and up-to-date information regarding the particular apartment at this location.
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