“With the mandates for MWBE participation, having Federated National Land on the team not only assists with satisfying the prerequisite, but it’s also great having a familiar group on the team.”

- Pierre Downing, Notias

Description

The rehabilitation and upgrade of 1,718 apartments in 16 Manhattan public housing developments under the Permanent Affordability Commitment Together (PACT) Program

Finance and Development Partners

The PACT Renaissance Collaborative (the Community Preservation Corporation (CPC), the Community Development Trust (CDT), Monadnock Development LLC, Lemor Development Group, Kalel Holdings LLC, the Community League of the Heights (CLOTH), and (Cornell Pace Inc.)

New York City Housing Authority (NYCHA)

NYC Housing Development Corporation (HDC)

FNL's Role

FNL provided full title searches for HDC and NYCHA when this large-scale, complex, and multi-faceted project was initially proposed. Additionally, FNL served as the sole title insurance company for the seven-member PACT Renaissance Collaborative that was selected as the project’s developer.

Pact Reniassance Collaborative (PRC)