For the second time in it’s history, the Amalgamated Meat Cutters and Butchers Workmen of North America, A.F.L.-C.I.O., is sponsoring a cooperative housing development in which 420 families will find relief from the discomfort of the housing problem’s two extremes: apartment shortages and exorbitant rentals
New York State has developed a program that is designed for the needs of the lower middle-income ware earner. With the complete elimination of speculative profits, with supervision from the State Division of Housing of all phases of planning, construction and operation, with aid for the City in the form of partial exemption from taxes and with further aid from the State of New York in the form of permanent low-interest financing by way of a 50-year mortgage, this program provides proper and decent housing for the lower middle-income group of wage earners.
Headed by Joseph Belsky, International Vice-President, of the Amalgamated Meat Cutters, the project will represent the best apartment’s money and talent can build dollar for dollar.
This housing company takes pride in presenting 84 of its apartment, 20% of the development, as specially planned and designed for older citizens of the community. This feature, originally championed by Abe Stark, President of the City Council, will contain electric stoves for added safety, specially planned cabinets, not-skid floors, grab bars at the bath-tub, and full size balcony’s, all planned for the special convenience of its future occupants.