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Our mission is to provide low and moderate-income residents with
resources and support that will enable them to create, own, and/or manage their
own housing and improve their neighborhoods. For over four decades, the Parodneck Foundation for Self-Help Housing and
Community Development, Inc. has played a leading role in providing financial,
technical and organizing assistance to New York City's housing and community
development efforts. Founded in 1970 from the proceeds of the sale of a milk
cooperative, the Foundation is a city-wide, tax-exempt, not-for-profit
organization.
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In the mid-1980s the city’s in rem crisis had subsided. As many of our readers will recall, the "quick vesting"
law of 1976 brought tens of thousands of distressed multi-family units into city ownership. It was a challenge
unprecedented in the history of the city and one that was managed with extraordinary vision and innovation. [...]
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