The foundation concentrates its funding on housing development and neighborhood revitalization in New York City, primarily supporting nonprofit developers and limited-equity/cooperative housing corporations. Grants are directed toward project-based capital or incentive programs that enable affordable housing production and site remediation/reuse. Overall the foundation appears mission-focused on creating and preserving affordable housing through local developer partners.
Highly concentrated and local: very few, large grants to mission-aligned housing developers and housing corporations rather than many small, diverse recipients. Funding favors project or incentive support (capital/NYC-specific programs) over general operating grants.
Notable grantees: Housing Partnership Development Corporation, HP Austin 147 HDFC
$305K
$6.5M
$67K
$493K
2025
Source: IRS Form 990-PF, fiscal year 2025.
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Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| HOUSING PARTNERSHIP DEVELOPMENT CORPORATION | NEW YORK, NY | $250,000 | 2025 | PROGRAM SUPPORT |
| HP AUSTIN 147 HDFC | NEW YORK, NY | $55,000 | 2025 | NYC BROWNFIELD INCENTIVE GRANT (BIG) PROGRAM |
HOUSING PARTNERSHIP DEVELOPMENT CORPORATION
$250,000PROGRAM SUPPORT
HP AUSTIN 147 HDFC
$55,000NYC BROWNFIELD INCENTIVE GRANT (BIG) PROGRAM