hfdc coops: HDFC Coops Affordable Housing in Manhattan
- 10/19/11 05:31 AM
HDFC Coops -Affordable Home Ownership in Manhattan Q: What is an HDFC coop? A: HDFC (Housing Development & Finance Corporation) Coops are a liittle known niche market in New York City Real Estate that are city sponsored and sell below marketĀ (40%-50% below non HDFC comparable coops and condos. If you qualify an HDFC coop may be right for you. It may be a great deal. HDFC coops are a form of limited equity home ownership. HDFC coops offer many of the same benefits as regular coops but they have some eligibility (income) restrictions and many have a "flip tax" paid (1 comments)