This book illustrates examples of successful community development on the Lower East Side of Manhattan and in the Bronx, using seven different methods of finance, only one of which is still available today. The buildings were developed between 1975 and 1997.

Part one of the book is the "West Bronx Story," which tells about the eighteen buildings that comprise New Settlement Apartments in the Bronx. The "Story" illustrates the dramatic transformation of a devastated neighborhood into a thriving community. The owner is a nonprofit affiliate of Settlement Housing Fund, a citywide...