Co-op Preservation

Limited-equity cooperatives face special challenges and have unique needs.  While most of the HDFC co-ops have functioned well since incorporation as co-ops, some have fallen into tax arrears or grave disrepair.

If needed, emergency intervention is offered at a fee to co-ops in serious distress.  "Distress" might mean facing foreclosure, defaulting on a loan, or the accumulation of unpaid bills that result in a lien against the building. To learn more about how UHAB can help, click here.

Though UHAB charges a consulting fee for these services, in some cases the fees have been shared by the city, lowered, or waived.

Contact Ann at (212) 479-3311 or henderson[at]uhab.org to find out more.