A new look for affordable housing

The Wall Street Journal looks at PS 109, the first development in New York City for Artspace and a project the Ford Foundation has supported since its early planning stages. When construction is complete, the former public school building will offer affordable housing for artists and their families, and creative spaces for community and arts groups. “We’re big fans of the project,” said George Sarkissian, district manager of Community Board 11, which serves East Harlem. “It provides affordable housing to the most vulnerable to displacement, and it provides a place for artists and for our culture to be preserved.”

Media Contacts

Press Line
Tel (+1) 212-573-5128
Fax (+1) 212-351-3643
[email protected]

The Ford Foundation

The Ford Foundation is an independent organization working to address inequality and build a future grounded in justice. For more than 85 years, it has supported visionaries on the frontlines of social change worldwide, guided by its mission to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement. Today, with an endowment of $16 billion, the foundation has headquarters in New York and 10 regional offices across Africa, Asia, Latin America, and the Middle East.