Key housing agencies in New York City have recently announced that a consortium of 16 foundations and financial institutions have united to provide more than $2.6 million in private funding to support the recovery and future of neighborhoods affected by Hurricane Sandy. Collectively known as the NYC Housing and Neighborhood Recovery Donors Collaborative, the institutions have worked in close partnership with the NYC Department of Housing Preservation and Development (HPD), the Housing Development Corporation, Housing Recovery Operations, and the Mayor’s Fund, which is providing $637,500 in matching Hurricane Sandy relief funds; bringing the total funding to more than $3.2 million. Funds are targeted to help with medium- and long-term planning and rebuilding efforts of housing and neighborhoods.
HPD Commissioner Mathrew M. Wambua says that "the funds provided by the Collaborative will be put to good use by community-based organizations that have experience working with the residents and who best understand the affected neighborhoods."
Funding will support the city government’s efforts and will focus on three critical areas:
Accelerating the Deployment of Recovery Programs for Low- and Moderate-Income People: Over $1.3 million in grant funding is being provided to 16 organizations to help increase the capacity of nonprofit organizations providing housing and legal counseling to homeowners, with the ultimate goal of ensuring that low- and moderate-income homeowners can access recovery resources.
Fostering Best Practices in Climate Resiliency: A total of $885,000 in grant funding is being provided to six organizations to support projects and innovative proposals to increase the climate resiliency of the City’s housing and neighborhoods, with a focus on low- and moderate-income households. Areas of focus include improving the ability of the City’s affordable housing stock in coastal communities to withstand storms, protecting coastal communities at risk of storm surge or floods, and improving systems to support the resiliency of affordable housing.
Building Social Capital for High Risk Communities and Vulnerable Populations: A total of $884,000 in grant funding is being awarded to 11 organizations with a presence in impacted neighborhoods to help build their capacity to increase community preparedness and manage relief efforts in the face of future disasters. Targeted communities include large housing developments, neighborhoods of small homes or mixed building types, and particular vulnerable populations such as the elderly and tenants with special needs residing in supportive housing developments.
The grant funding provided by the Donors Collaborative under each of the three program areas was determined via a competitive Requests for Proposals process. A list of grantees and projects/activities is available here.