Nehemiah Housing Development Fund Company Inc.
Brooklyn, NY 2–10 employees 3 principals
Last updated by Eloisa
About Nehemiah Housing Development Fund Company Inc.
Nehemiah Housing Development Fund Company Inc. is a real estate operator headquartered in Brooklyn, NY. Nehemiah Housing Development Fund Company Inc. operates in New York City, New York. Its investment focus is on Affordable Housing, Multifamily - Ground-up and Senior Housing.
Nehemiah Housing Development Fund Company Inc. is a nonprofit 501(c)(3) affordable housing developer founded in the 1990s as the development arm of East Brooklyn Congregations. The organization focuses on creating and preserving permanent affordable housing for low- and moderate-income households, with an emphasis on community stability and household equity. Nehemiah has developed more than 4,900 affordable housing units across Brooklyn and the Bronx, with more than 1,300 additional units in planning or construction. Its portfolio includes single-family homes, two- and three-family homes, rental apartments, affordable cooperatives, and senior housing. A major project is Nehemiah Spring Creek in East New York, Brooklyn, part of the 227-acre Fresh Creek Urban Renewal Area. The project includes 1,842 total units, including 618 homeownership units, with affordability levels generally serving households from 80% to 130% of area median income.
Principals at Nehemiah Housing Development Fund Company Inc.
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