The Parodneck Foundation

The Parodneck Foundation specializes in affordable housing and community developments, providing housing counseling and grants in New York City. For over eight decades, The Parodneck Foundation for Self-Help Housing and Community Development, Inc. has been a key player in providing financial, technical, and organizing assistance to New York City's self-help housing and community development efforts. The foundation's mission is to provide low and moderate-income residents with resources and capabilities to create, own, and/or manage their own housing and improve their neighborhoods. Since 1970, the foundation has played a pivotal role in helping tens of thousands of low and moderate-income households obtain and preserve decent, safe, affordable housing. The foundation has provided crucial support to many important planning and community development projects. During the 1970s, The Parodneck Foundation provided funds and technical assistance to residents seeking to purchase buildings from absentee owners, and in the 1980s, it expanded its activities by assisting the city's community district boards in developing their own community land use and development plans. In the 1990s, the foundation became the lead supporter of a new, innovative mutual housing program that rescues and preserves affordable housing. Most recently, The Foundation has been at the forefront of efforts to address the increasingly widespread problem of predatory lending in New York City. Founded in 1937, The Parodneck Foundation operates in the Financial Services industry. The foundation's commitment to affordable housing and community development has positioned it as a significant player in addressing the housing needs of low and moderate-income residents in New York City.