The Campaign
Nonprofit-owned subsidized housing is a crucial source of permanently affordable homes, often alongside essential community programs and services, for thousands of predominantly low-income and BIPOC New Yorkers.
This housing stock is currently on the edge of a “preservation cliff” – a large portion of it is in dire financial distress. Without immediate government intervention, we are at risk of losing the housing and services provided by these organizations, which would have devastating impacts on whole communities.
Why This Matters
When Consuelo and her children fled domestic violence, they needed more than a roof over their heads. They needed safety, stability, and a chance to rebuild their lives. That is what New Destiny provides. Founded in 1994, New Destiny is a New York City nonprofit housing provider and Community Development Corporation created to serve survivors of domestic violence and their children. Rooted in a commitment to gender justice, the organization builds and preserves affordable housing while connecting families to the services they need to heal and move forward.
Organizations like New Destiny serve working class New Yorkers, most of whom are from low income BIPOC communities. As nonprofit housing providers, they are deeply embedded in the neighborhoods they serve – offering not just housing, but long term support and community. Many of these organizations have actively rebuilt and invested in neighborhoods the private market abandoned.
Today, many of these nonprofit affordable housing providers are facing acute financial distress due to circumstances outside their control. Without meaningful investment from New York State and City leaders, families like Consuelo’s risk losing both their homes and the critical services that help them stay safe and stable.
Preserving nonprofit owned affordable housing means ensuring safety, dignity, and opportunity for many of New York’s most vulnerable families.
Press Inquiries
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