Mission
ST PHILIPS ON THE PARK HOUSING DEVELOPMENT FUND CORPORATION (THE "CORPORATION") WAS FORMED FOR THE CHARITABLE PURPOSE OF CONDUCTING ACTIVITIES THAT FACILITATE AND PROMOTE THE OPERATION OF AFFORDABLE HOUSING. IN FURTHERANCE OF THESE PURPOSES, THE CORPORATION PROMOTES AND FACILITATES LOW-INCOME HOUSING BY PARTICIPATING IN THE OWNERSHIP AND MANAGEMENT OF A LOW-INCOME HOUSING PROJECT ('PROJECT'). THE PROJECT IS LOCATED AT 480 ST. NICHOLAS AVENUE, NEW YORK, NEW YORK 10030 AND CONSISTS OF CONSISTS OF 260 UNITS.