HOPE EAST FIFTH HDFC INC is an apartment located at 174 East 104th Street in New York, NY 10029. It is a housing development fund corporation (HDFC), which means that it is a cooperative housing corporation designed to provide affordable housing for its residents.
The apartment complex consists of multiple units, which are owned collectively by the shareholders of the corporation. Each resident of HOPE EAST FIFTH HDFC INC owns shares in the cooperative and has the right to occupy a specific unit within the building.
HOPE EAST FIFTH HDFC INC aims to provide affordable housing options to low-income individuals and families in the East Harlem neighborhood of New York City. As an HDFC, it follows certain guidelines and restrictions set by the New York City Department of Housing Preservation and Development (HPD) to ensure that the units remain affordable.
The specific amenities and features of the apartments in HOPE EAST FIFTH HDFC INC may vary, but generally, they offer decent living spaces with essential facilities such as bedrooms, living areas, kitchens, and bathrooms. The complex might also provide common areas, shared facilities, and possibly a management office.
To qualify for residency in HOPE EAST FIFTH HDFC INC, applicants typically need to meet income requirements and other eligibility criteria as determined by HPD and the cooperative. These criteria help ensure that the units are made available to individuals or families who need affordable housing and meet the income limitations.
Living in HOPE EAST FIFTH HDFC INC offers the benefits of cooperative ownership, such as having a say in the management of the building and community. Residents have the opportunity to participate in decision-making processes through shareholder meetings and may serve on the cooperative's board of directors.
If you are interested in this apartment complex, it is recommended to contact the cooperative directly or visit the HPD website for more information on eligibility criteria, application procedures, and any specific requirements for residency.
All information on this website is provided in good faith and solely for the purpose of providing general information. Property description is generated by AI and the site operator takes no responsibility or warranties about the completeness, accuracy, or reliability of this information. Any action you take as a result of the information on this website is solely at your own risk. Please verify the information with the leasing office prior to becoming a tenant.
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