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Housing Associations and foundations

The United Housing Foundation (UHF) is a real estate investment trust in New York that is best known for constructing Rochdale Village.

Purpose

In 1951, the United Housing Foundation (UHF) was organized to provide broader sponsorship for cooperative housing formalizing the success of Abraham Kazan and his associates. By 1965 UHF and its predecessors had created some 23 cooperative housing projects in New York City, ranging in size from the 124-unit Mutual Housing Association in the Bronx to Rochdale Village in Queens on Long Island, with 5,860 apartments and also its own food stores, nursery schools, a credit union, and a multitude of civic and social organizations, to make it an integrated and well-rounded community. The primary architect who designed the buildings waith Kazan was Herman Jessor.

The United Housing Foundation worked primarily in New York City and New York State, using financing from savings banks, insurance companies union pension funds and other conventional sources and also direct mortgage loans from the State of New York. The UHF emphasis was on high-rise, large-scale projects to meet a mass need for lower priced housing in New York.
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From Wikipedia, the free encyclopedia : Housing Associations and foundations
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