MHANY Management Inc.

In cities like New York, which have a great number of vacant buildings and an even greater number of people waiting for public housing, this is a very attractive type of program. It is a grass-roots effort to repair the physical and social fabric of a damaged neighborhood using existing housing stock, sweat-equity, and a local workforce. The buildings in the MHANY program range in size from single-family houses to nine-unit buildings and are now located in three other Brooklyn neighborhoods. The program validates the use of the older building stock, which permits a density that could not be re-created in new construction. Some of these large units have enough space for small business activities such as tailoring, bicycle repair, or catering. MHANY also provides Home buyer Education to First Time Homebuyers and Foreclosure counseling.