UHAB Revenue and Competitors

UHAB empowers low- to moderate-income residents to take control of their housing and enhance communities by creating strong tenant associations and lasting affordable co-ops. Since its founding in 1973, UHAB has helped form dozens of tenant associations and has guided some 1,600 buildings from distressed rental to affordable housing cooperative, enabling low- to moderate-income residents of more than 30,000 apartments to become co-op homeowners. Our work in developing and bolstering affordable housing encompasses a broad range of activities: We educate residents of troubled rental buildings on defending their rights and determining whether or not co-op homeownership might be a viable path for them. We facilitate the financing, renovation, and legal services involved in conversion to affordable co-op. We educate and screen those interested in purchasing vacant apartments in UHAB’s affordable co-op network. And we train residents on the management, maintenance, and financial sustainability of their buildings as well as on protecting affordability and promoting community spirit.