PRAC Task Force to Convene in Boston

LeadingAge New York is participating in the newly created Project Rental Assistance Contracts (PRAC) Task Force, which is working to find a solution for 202 developments with PRACs. Many of these developments are in a sort of limbo, with growing capital needs and stretched operating budget, but without the ability to seek outside resources such as tax credits. Evelyn Wolff of Selfhelp Community Services in New York City and Jill McLellan-Phelps of DePaul Housing in Albany are part of the group, which will convene for the first time as an official Task Force at the LeadingAge Annual meeting in Boston.

Contact: John Broderick, jbroderick@leadingageny.org, 518-867-8835