In Spring 2007, HERG conducted a study of housing affordability in Manhattan’s Community Board 9 (the Harlem neighborhood). This project, sponsored by the Parodneck Foundation, was part of a broad effort on the part of the New York City Council to assess the risk of foreclosure among vulnerable low- and middle-income homeowners in the city.
The study’s final report:
Mortgage Foreclosure Emergency Prevention Program (MFEPP):
Manhattan Community District 9: Risk Assessment and Recommendations