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Update on Columbia’s $10 million commitment to Affordable Housing in West Harlem

February 13, 2018

Columbia Spectator

By Juliana Kim

Outside the West Harlem Development Corporation’s office, which sits on 127th Street between Morningside and Amsterdam Avenue, is a parking lot.

Though seemingly mundane, this empty space nestled between two buildings serves as a reminder that the group that was allotted $10 million by Columbia six years ago to create and preserve affordable housing has been unable to spend most of it, thanks in part to rising property values and bureaucratic red tape.

To date, only $100,000—or about one percent—of the $10 million fund has actually been spent, The Eye has found.

Read More:

http://www.columbiaspectator.com/the-eye/2018/02/13/nine-years-later-just-1-percent-of-columbias-10-million-commitment-to-affordable-housing-has-been-spent/