Based in Riverhead, NY, Timothy Hill Ranch has been providing residential services to at-risk youth for 38 years. Timothy Hill is operating as an Office of Children and Family Services (OCFS) licensed voluntary agency and serving youth aged 12 to 17 who have been adjudicated as Juvenile Delinquent for the last two decades. Initially a […]
Read MoreOn March 8th, 2019, the Disability Opportunity Fund joined the membership of the Federal Home Loan Bank of NY. This is a major achievement for us which will provide added liquidity and access to various housing grant programs. We look forward to this new partnership with FHLBNY!
Read MoreIn 2018, the CDFI Fund announced that 15 CDFIs received a total of $5,000,000 in Disability Funds–Financial Assistance Awards. DF-FA awardees will use the funds to enhance their capacity to address the challenges of individuals with disabilities. Each DF-FA Awardee also received a general Financial Assistance Award. DOF was awarded a total of $1,275,000 in […]
Read MoreIn early 2018 Aeris, an independent company that rates CDFIs, awarded DOF three stars for its “Impact Rating,” which measures the social impact of a CDFI’s program activity, and an A+ for its “Financial Rating,” which assesses an organization’s capitalization, asset quality, management, earnings and liquidity. Aeris also awarded DOF its “Policy Plus” designation, saying: […]
Read MoreOn June 11, 2018, DOF President and CEO Charles D. Hammerman rang the Closing Bell at the NYSE alongside DOF Board Members, Supporters, Investors and Borrowers. We were honored to celebrate the 10th Anniversary of when we rang the Opening Bell on June 6, 2008 when we launched DOF. Click Here to view our Gallery
Read More
In April 2018, DOF provided a $3,650,000 loan to a private developer for the acquisition of Sara’s Apartments, a 29-unit, affordable housing property in Long Beach, CA. The property has a new Section 8 contract with the City of Long Beach which will be 15 years terminating in 2033 with an automatic 15-year renewal, pushing […]
Read More
Based in Milwaukee, WI, Cardinal Capital Management (CCM) has a national reputation in acquiring, developing, financing, and managing special needs multifamily housing. It provides development, construction, property management, and real estate asset management. Many of the properties it develops are structured using Low Income Housing Tax Credits (LIHTC). The properties in its portfolio include supportive […]
Read More
Luna Azul is the creative housing solution conceived by Mark Roth to address the need not only of his daughter with autism, but so many other families looking for a safe, affordable and accessible place to live. Luna Azul is located on approximately five acres in northwest Phoenix and is planned to include 15 two […]
Read MoreOn June 11th and 12th, 2018 DOF celebrated its 10th Anniversary of launching as a CDFI with two extraordinary events: On Monday, June 11, we rang the Closing Bell at the New York Stock Exchange and on Tuesday, June 12 we hosted the “DOF Family” (Investors, Supporters, Borrowers, Board of Directors, Staff, colleagues from the […]
Read MoreKaren Siler, 54, of Seaford, said she felt like she met her 26-year-old son, Ryan, for the first time in 2015. Ryan is autistic, his mother explained, and his biggest challenge is expressive language. Siler said that she would talk to him about adult life, but she did not know whether he understood until he […]
Read More