Harlem, The City's Housing Initiatives And The Private Sector
Residents of the area surrounding the Frederick Douglass Boulevard corridor south of 125th Street, watched as buildings deteriorated, casualties of the abandonment and disinvestment that blighted Central Harlem through the 1970's and 80's. Over the past decade, the City's housing initiatives, combined with support from the private sector, have brought a burst of residential and commercial development to the community. In a market dominated by rental developments, there has been a recent movement to increase homeownership opportunities in Harlem. In 1993 homeownership was at six percent of the population, compared to present day which is just over thirteen percent.
"All of the new development has been great for the community," stated Sharina Reed, a new homeowner at Harriet Tubman Gardens who was born and raised in Harlem. "I love this area, moving out and leaving my family never crossed my mind. I also never thought I'd be a homeowner, I'm looking forward to moving-in." Reed is employed by the City of New York.
The vision of Harriet Tubman Gardens began in the summer of 2000 with a competitive Request For Proposals issued by HPD for its newly developed Cornerstone initiative. This program creates newly constructed market rate multi-family housing on vacant city-owned land without direct city subsidy.
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