Strada Assists Mission-Driven Non-Profit in the Application and Obtainment of HHAP Award and 9% LIHTC

In 2023, Strada assisted an established mission-driven New York City non-profit [The Non-Profit] to apply for and successfully obtain a $9.7 million Homeless Housing Assistance Program (HHAP) award. The award will fund 72 affordable housing units.  Forty-three of the units will be designated for survivors of domestic violence, all of whom will have access to the services they need to rebuild their lives.

On the same project, Strada helped The Non-Profit apply for and successfully obtain a $1.9 million 9% federal low-income housing tax credit (LIHTC). Seventy-one (71) units will be occupied in compliance with LIHTC requirements. The project will be located in the Morrisania section of the Bronx and consists of a 14-story energy-efficient building with a social services suite, meeting room, computer room, kitchen, and large community room.