Landmarks Conservancy celebrates 40th anniversary of Historic Properties Fund loans
Program has been very active in brownstone Brooklyn
The New York Landmarks Conservancy is celebrating the 40th anniversary of its New York City Historic Properties Fund (HPF), one of the largest revolving loan funds for preservation in the country.
“The longevity of the program has allowed the Conservancy to make a meaningful impact on our community,” said Deb Howard, former executive director of IMPACCT Brooklyn, also known as the Pratt Area Community Council, and a longtime resident of Fort Greene/Clinton Hill. To date, HPF has helped 84 property owners in that area of Brooklyn restore and maintain their buildings.
Over the past 40 years, loans have supported more than 273 projects, providing over $31.6 million to building owners. Many of HPF’s early loans were in low- and moderate-income brownstone neighborhoods in Brooklyn and Upper Manhattan.