Mayor and non-profit community development financial institution announce new program to help religious non-profits build affordable housing. On August 23, 2017, the Local Initiatives Support Corporation NYC, the Department of Housing Preservation and Development and the Mayor’s Office announced the launch of a new initiative to aid non-profits in the construction of new affordable housing. The initiative, called the New York Land Opportunity Program, is a joint venture with the goal of helping faith-based institutions with limited real estate experience based in Manhattan, Bronx and Queens. (read more…)