CNYCNCenter for New York City Neighborhoods
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Bloomberg and city council Speaker Christine Quinn announced a new not-for-profit organization, the Center for NYC Neighborhoods (CNYCN), to assist homeowners at risk of mortgage foreclosure throughout the five boroughs.
In addition to these significant public funding commitments, the City and the CNYCN planning committee are actively seeking philanthropic support and expect to raise the remainder of the funds from private and foundation sources.