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The Acacia Aprartments is a mixed income housing community located at 1560 Fulton Street. Acacia Aprtments anticpate the building will be ready for occupancy July 2012. The Acacia Apartments is being financed through the Mixed Income Rental Program of The City of New York's Department of Housing Preservation and Devleopment (HPD) and the New Housing Opportunity Program (NewHop) of the New York City Housing Development Corporation. Acacia Aprartments is currently marketing 104 rental aprtments (...

NEW YORK, Apr 16, 2012 (BUSINESS WIRE) -- The New York Mortgage Coalition (NYMC), a non-profit that helps low-to moderate income New Yorkers become homeowners and prevent foreclosures, announced the award of the 2012 Power of Collaboration Grant to the Coalition for the Improvement of Bedford-Stuyvesant (CIBS), a Brooklyn-based network of nonprofits.

On Wednesday April 11, some 15 individuals convened in Restoration’s monthly Job Club. The Job Club is open to anyone who is currently employed and would like to work on growth and career development while at the same time share experiences with others. The topic of last Wednesday’s workshop was “Employment and Your Financial Household”. Adriana Garcia, one of Restoration’s Financial Counselors presented on this topic followed by an engaging discussion amongst the...

Six local nonprofits are making a $10 million bid to buy up Pfizer’s vacant property at Broadway Triangle, on the border of Bed-Stuy and South Williamsburg, hoping to build 840 affordable housing units there, says the New York Daily News.

The Carver Community Development Corporation, a subsidiary of Carver Bank, will pitch in $10.5 million in funding for The Bradford, a new 96-unit affordable housing building with retail space, says the Brooklyn Eagle. The Bradford is being constructed on formerly city-owned property, and the Eagle says it will be the first new affordable housing building that’s been constructed in the past 15 years. “These projects, on long underdeveloped and/or dilapidated sites, bring...

Ronald K. Brown/Evidence returns from Catfish Row now that the classic, Porgy and Bess is on its feet. Ron’s classes are held on Tuesday evenings from 7:00PM – 8:30PM at the Restoration Plaza. Hurry up and join the fuss as he brings his unique style of music and dance forms inspired by Latin America, the Caribbean and Africa, combined with modern and urban dance. For more information, call 718-636-6995.

Elsie Richardson (1922-2012) was a Brooklyn leader, community organizer, and activist who lived in Bedford-Stuyvesant, Brooklyn. She was co-founder of the Central Brooklyn Coordinating Council and was essential in the creation of the first nonprofit community development corporation in the country, Bedford Stuyvesant Restoration, which became a national model. You can learn more about the history and present of Restoration from this video.

FOR IMMEDIATE RELEASE CONTACT: Clarence V. Reynolds, 718-804-8883 Clarenciov@msn.com Maeshay k. Lewis, 718-804-8882 mlewis@mec.cuny.edu For media credentials and/or to schedule interview requests, contact Joy Doss at East West PR, 646-489-4432, joy@eastwestpr.net. The Eleventh National Black Writers Conference Celebrates Women’s History Month with Black Women Writers in Preconference Events Series

The typical New York City home wastes 20 to 50 percent of the energy that it uses, but once retrofitted, it can save between $800 and $1,200 per year—a windfall for moderate income families. Money diverted from the utility bills immediately gets redeployed toward quality food and medication or keeping the dream of home ownership alive.