Buying Property in a Hot Market: NYC Creates a Fund to Keep Affordable Housing Developers in Play Harvard Case Solution & Analysis

These are three of the case study is the original problem, thinking, policy, and development of the negotiations, which are produced in New York, "New York Foundation for the purchase of" in August 2006. The case ends with a brief round-up of the performance data and comments from the first two and a half years of operation Fund. NYC Acquisition Fund has been created to deliver loans to small and non-profit affordable housing developers, enabling them to compete with the market rate developers to buy property in New York on the open market in rampant speculation, soaring prices, and fierce competition. It was a pioneering effort to use public funds sector and the government, together with the base capital to use hundreds of millions of dollars in loan capital from private lenders. In September 2008, the Fund was named the winner of the annual Innovations in American Government competition, sponsored by the Ash Institute for Democratic Governance and Innovation at Harvard Kennedy School, who declared it a "national model." HKS Case Number 1907.0 "Hide
by Stephen Goldsmith, Pamela Varley 58 pages. Publication Date: 03 November 2009. Prod. #: HKS110-PDF-ENG

Buying Property in a Hot Market: NYC Creates a Fund to Keep Affordable Housing Developers in Play Case Solution Other Similar Case Solutions like

Buying Property in a Hot Market: NYC Creates a Fund to Keep Affordable Housing Developers in Play

Share This