20 years of building better futures

Annual Report 2013

For some, housing is a business…for us, it’s a mission.

Because of the lack of affordable permanent housing options, low-income domestic violence victims all-too-often face the grim choice between continuing to endure abuse and risking long-term homelessness for themselves and their children. Our mission is to give them a third choice: a life of safety, stability, and health.

For 20 years, we have been the city’s leading advocate for the permanent housing needs of domestic violence survivors – and the only developer specifically committed to creating viable, appropri-ate units for this population. At a time when nearly one third of the record 12,000 families in the City’s homeless shelter system are there as the direct result of abuse, New Destiny’s efforts represent more than a strategy for addressing family violence – they are a front-line response to the city’s ongoing crisis of family homelessness.

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about the direct connection between domestic violence and the ongoing surge in family homelessness. We have earned a reputation for unswerving tenaciousness; efficient use of funds; and excellence of results.

2013 was a banner year for our organization. We completed two new housing developments comprising a total of 62 units. We created a program providing new housing opportunities to domestic violence survivors using the city’s Family Justice Centers. We brought affordable and homeless housing advocates and domestic violence advocates closer to a united agenda of permanent housing for survivors of abuse. Our goals and projects received extensive coverage in the NYC press.

But even as we celebrate these achievements, we remain keen-ly aware that a single dedicated nonprofit housing developer cannot solve the city’s twin challenges of family homelessness and family violence. And so – besides continuing to produce top-quality permanent housing for this population – we are pledged to keep fighting for policies encouraging other housing developers to join us in this task. To keep expanding

New Destiny was founded in 1994 on the groundbreaking premise that if domestic violence survivors are to move beyond peril, poverty and ill-health, they need a safe,

permanent home. At that time, families in domestic violence shelters were not considered “homeless” – and were ineligible for most affordable housing resources. There was no aware-ness that when survivor families exit the shelter system they have only a minimal chance of finding permanent housing. And there were no incentives for housing developers to serve this population.

For two decades, New Destiny has worked tirelessly to address these challenges. We have: (1) built hundreds of units of perma-nent, service-enhanced housing for survivors and other low- income families; (2) helped thousands of other survivor families access the city’s shifting, ever-shrinking supply of affordable housing; (3) advocated to increase and improve the pool of appropriate housing resources; and (4) educated the public

Message from the Chair and Executive Director

the overall pool of affordable housing resources – and ensur- ing that domestic violence survivors have access to those resources. To keep doing all we can, in short, to help families move from situations of danger, violence and limitations to lives of safety, opportunity, and health.

New Destiny is blessed with a board of unfailing commitment and vision, a staff of great talent and determination, and a robust cadre of corporate, public, philanthropic and individu-al contributors. All that we have accomplished is due to your commitment and generosity. We thank each one of you for your dedication and look forward to continue working with you on our shared and vital mission.

Hadrian Tucker Carol CordenChair Executive Director

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Two Decades of Brick and Mortar Victories

1989Bridge Towers16 units

1992Lang House14 units (developed for Safe Horizon)

1994Park Place5 units

2008Marcello Manor38 units

2005Lily House27 units

2013Bainbridge Manor23 units

2005Gottsegen House8 units

2013Morris Avenue39 units

1997Prelude11 units

1999Bridge Community12 units

2004Bainbridge 18 units

2004Rose House4 units (developed for NY Asian Women’s Ctr.)

2006Freedom House44 units (developed forBarrier Free Living)

2006Sr. Marion Agnes House15 units (developed forNazareth Housing)

2012Anderson Avenue41 units

For twenty years, New Destiny has been an innovative and enterprising creator, owner, and manager of service-rich permanent housing for domestic violence survivors and their children – and a trusted developer of emergency and transitional housing for other nonprofits in the domestic violence field. Our projects provide oases of safety and support to more than 1,200 people a year – while contributing well-designed, environmentally-sensitive build-ings to the urban streetscape. A majority of the families who move into our permanent units remain stably housed for many years.

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In the past twelve months alone, New Destiny created or adapted 62 units of service-enriched permanent housing for use by those whose homeless-ness was caused by domestic violence and poverty.

Bainbridge Manor

This 23-unit Brooklyn-based building completes an assemblage consisting of three projects on the same block. Half its units are reserved for families exiting the HRA domestic violence shelter system; the rest are being rented by low-income working households – with two units reserved for the general homeless population. The project design complements the existing, older buildings on the block and contains a laundry room, children’s room and a large meeting room, as well as a secure back yard. All the building tenants benefit from on-site recreation and family programming; from assistance accessing housing benefits, employment, social service, health and legal services; and from the security of living within a safe, family-oriented community.

Morris Avenue

The original developer of this 39-unit ten-story Bronx property was un-able to sell its units as affordable condominiums due to the 2008 financial meltdown. Almost five years later, New Destiny acquired the property and is converting it into a service-enhanced affordable rental project for a popula-tion comprised half of homeless survivor families from the domestic violence shelter system and half of low-income families from the general population. Our efforts will transform a building that remained long-vacant and unused into a source of hope for more than a hundred adults and children.

Brick and Mortar Achievements: 2013

‘‘This apartment means a lot less stress-filled nights. I feel truly blessed to have a safe and beautiful home for my family.’’Bainbridge Manor tenant

‘‘[This building] is giving a second lease on life to victims of domestic violence. They won’t have to be looking over their shoulder, worrying.’’Dr. Bola Omotosho, Chair of Community Board 5

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New Destiny’s housing complexes provide more than just affordable apart-ments in handsome buildings – they are family-oriented communities that balance survivors’ need for information, security and service access with their desire to enjoy the hard-won benefits of personal freedom, privacy, and independence. Our on-site programs are designed to support children, reinforce adults’ progress, and respect survivors’ overall strengths. They provide, in short, the core community resources that every New York family needs for success. They include:

• Domestic violence counseling and safety planning• Financial guidance and literacy training – including workshops and individual coaching on budgeting, credit, and debt• Assistance accessing benefits – and coaching on becoming self-advocates• Help maintaining permanent housing• Job readiness, coaching and training – and referrals to neighborhood providers• Children’s and family programming – afterschool activities, holiday and community celebrations

In October 2013, New Destiny hosted an art show featuring the works and thoughts of the children living at Marcello Manor and The Anderson. The children were asked to depict – in paint and in words – just what their new homes mean to them.

Creating Community: The New Destiny Family Support Program

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Creating Community (continued)

‘‘I named my painting ‘Home Memories’ because everything that makes me remember my home is featured in the painting. All of these things remind me of home. Home is something that is very special to me and always will be. I am thankful for Marcello Manor.’’Thirteen-year-old resident

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A single nonprofit organization can only develop so many bricks and mortar projects. So for two decades, New Destiny has forged additional strategies that can help survivors move into permanent housing. We have stayed fully apprised of the City’s steadily shifting and shrinking housing subsidy programs – offering survivors and their service providers the timely infor-mation, guidance and training they need to access the available resources. And we have become a nimble intermediary between housing providers and the survivor population – creating innovative new routes to permanent safety.

HousingLink

New Destiny’s HousingLink program is the central clearinghouse for up-to-date information and support on the constantly changing landscape of affordable housing resources. In 2013, we fielded nearly 1,800 requests for assistance through our HousingLink HelpLine; served 70,000 unique visitors through our HousingLink online service; and provided 23 training workshops equipping 595 individuals – advocates, survivors, and case man-agers – to understand what subsidies are available and what is required to navigate the application processes.

Project Safe Home

Between 2008 and 2011, New Destiny operated Project Safe Home – a pilot that matched survivor families exiting the HRA shelter system with

apartments developed using low-income tax credits. We trained families about their rights and responsibilities as tenants; pre-screened them; and helped them apply for the available units – and for the subsidies enabling them to meet their rental responsibilities. At the same time, we worked with property managers, encouraging them to accept those pre-screened families. Our efforts enabled 133 families to access a vital new source of per-manent housing. But termination of the last available rental subsidy program for homeless families forced us to end this effective initiative.

Project HOME (Housing Opportunities Made Easy)

In 2014 – in partnership with the city’s Family Justice Centers – New Destiny will launch a second promising iteration of Project Safe Home – Project HOME. We will link survivor families who utilize the Justice Centers to a range of potential affordable housing providers. We will train and pre-screen applicants; and provide ongoing guidance, once families move in. Funding from the federal Office on Violence Against Women will cover the short-term rental subsidies and financial assistance required to help a projected 40 survivor families enter and maintain residency in their new homes.

Tapping All Housing Resources: HousingLink, Project Safe Home, and Project HOME

JANUARY 21, 2014

Stalled Bronx condo project gets second life

A Bronx affordable condominium project completed in 2010, but never occupied due to the financial crisis, will now see life as an affordable rental building geared toward victims of domestic violence.

The nonprofit New Destiny Housing closed Dec. 30 on the 10-story building in the borough’s Mount Hope neighbor-hood. It aims to bring the property back online this year, officially putting an end to city head-scratching over what to do with the development, said Carol Corden, the nonprofit’s executive director.

“The project basically came to a halt,” she said. “There was this brand-new, 39-unit building sitting there, and there was no plan in terms of what to do with it.”

The complex was initially built as an affordable condo de-velopment backed by $11 million in federal, state and city dollars along with a private construction loan, according to Ms. Corden. After the fiscal meltdown made obtaining a loan difficult for many New Yorkers—and nearly impossible for the project’s target demographic of lower-income families who wanted to start down the path to home ownership—it instead sat vacant.

New Destiny Housing, which focuses on building and main-taining affordable units for victims of domestic violence, learned of the predicament in 2011, and pitched a plan to the city Department of Housing, Preservation and Develop-ment to pay off some of the loans and recast the building as a rental.

“Having the expertise to pivot from ownership to a feasible affordable rental model, New Destiny ensured that the proj-

ect could be complet-ed and that more New York families will have affordable homes and brighter futures,” said the city Department of Housing, Preservation and Development Commissioner RuthAnne Visnauskas.

The quick turnaround time attracted the firm, which oth-erwise would have had to spend years building a similar structure from the ground up, according to Ms. Corden.Instead of that lengthy process, after some repairs and refurbishing, the nonprofit hopes to fill half of the units with previously homeless survivors of domestic violence and half with low-income families. It will also pay to keep an organiz-er and case worker at the site.

“We know that about at least 30% of families who are in the homeless system right now are there explicitly because of domestic violence,” Ms. Corden said, though she noted the crime goes vastly underreported. “That turned out to be something in the neighborhood of 14,400 people in 2010.”

To try and chip away at those numbers, and because heads of families who enter the shelter system can often fall back into either homelessness or the same dangerous living situations once their stays expire, New Destiny Housing provides them with a way out of the cycle in the form of an affordable apartment.

The nonprofit houses about 400 families annually, and owns and manages about 200 units around the city.

New Destiny Housing , a nonprofit spe-cializing in housing victims of domestic violence, will turn the 39-unit building into affordable rentals.

Nonprofit New Destiny Housing will turn the 39-unit building into affordable rentals.

Photo: Oaklander Coogan and Vitto Architects

DECEMBER 10, 2013Danielle Tcholakan

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...while homelessness is down 4% nationally, it’s up 13% in New York City.

What the next mayor of New York can do for domestic violence victims

Mayor-elect Bill de Blasio has long promised to work for more affordable housing.

Advocates hope that under the incoming administration, the housing situation might improve for one particularly vulnerable population: domestic violence victims.

A recent report from the U.S. Department of Housing and Urban Development found that while homelessness is down 4 percent nationally, it’s up 13 percent in New York City. Fam-ilies largely drive that increase, according to HUD.

Advocates note that with domestic violence victims com-prising one-third of the families in all family shelters city-wide, it stands to reason there is an increase in that specific segment of the population as well.

The shelter system is particularly untenable for domestic violence survivors, who are limited to six-month stays in emergency domestic violence shelters due to restrictions laid out by the New York State Office of Children and Family Services, which funds such Human Resources Administra-tion facilities in the city.

Carol Corden, the executive director at New Destiny Hous-ing, says part of the problem lies with a dearth of housing set aside for domestic violence victims. Out of 28,000 total units of supportive housing in the city, fewer than 100 units are set aside for domestic violence survivors, she said.

In particular, Corden and her colleagues are looking to establish more supportive housing: facilities that include services onsite, such as counselors who can assist with emotional support and seeking employment opportunities to gain independence. Becoming financially independent is a hurdle for victims who had been dependent on their abusers.

One of the major problems Corden highlighted is the criteria that domestic violence victims are required to meet in order to qualify for priority public housing.

In order to get on the domestic violence victim priority list for NYCHA housing, an applicant must have documenta-tion proving they have been a victim of violence not only once but twice over the course of a two-year period. If the assault is a felony assault — charges like rape, strangulation, stalking in the first degree and attempted murder — having only one documented instance is acceptable.

Mayor-elect Bill de Blasio’s support for affordable housing is critical to the future of New York, but not just because affordable housing means stable rents and mortgages for the city’s low- and moderate-income families. It is also a critical tool that the city can wield to help homeless persons get back on their feet, as well as to save lives by providing survivors of domestic violence and their families with long-term safety and stability. Yet, homeless persons, particularly survivors of domestic violence, struggle to access existing housing resources, an area where de Blasio can make a difference.

New Yorkers know they need affordable housing options; according to a poll released before the election, more than eight in 10 New Yorkers believed afford-able housing is a top priority for the next mayor.

And they’re right. Affordable housing needs to be at the forefront of discussions between lawmakers, developers, and everyone who has a stake in New York City.

Low- and moderate-income families already struggle to make ends meet. One-third of families in New York City spend at least half of their income on housing, forcing them to make difficult tradeoffs between food, clothing, transportation and healthcare. An astounding 1.4 million New Yorkers rely on soup kitchens and food pantries to put nutritious meals on the table.

These already difficult experiences are exacerbated among the city’s most un-derserved and neglected populations. Every night, 57,000 New Yorkers sleep in a shelter or on the street. Homeless persons often cycle in and out of the city’s shelter system, unable to get back on track without the stability that real perma-nent affordable housing would provide them.

Almost one-third of homeless families in the shelter system are survivors of domestic violence with children whose lives are up-ended as their parents seek to escape abuse. Even worse, 80 percent of survivors who leave the emergency shelter system have no safe place to go. In fact, many survivors of domestic vio-lence stay with their abusive partner because of fears of becoming homeless if they were to escape. For survivors with children this can be an especially difficult and emotional decision to make and could be made easier with more affordable housing options. 1.

When the Choice is Between Abuse and HomelessnessAlmost one-third of homeless families in the shelter system are survivors of domestic violence. Mayor-elect de Blasio needs to act quickly to more adequately serve this vulnerable population.

By Carol Corden and Shola Olatoye | Wednesday, Nov 20, 2013

An astounding 1.4 million New Yorkers rely on

soup kitchens and food pantries...

Dear Mayor de Blasio, Your campaign for mayor of New York City demonstrated leadership on a number of important issues facing New York but it was less vocal on the problem of domestic violence despite its human and economic costs to the City. Domestic violence is the leading cause of murder for women in New York City. Over 700 domestic abuse incidents are reported to the New York City Police Department each day. Domestic violence is also a persistent driver of family homelessness; almost one-third of the homeless families using the shelter system are headed by survivors. Children as well as their parents are forced into homelessness, blighting their educational opportunities and increasing the likelihood that they will become homeless in the future. Affordable permanent housing can help ensure the continued security of survivors and their children. Yet, currently 80% of domestic violence victim’s shelter leave shelter still homeless and at risk of continued abuse because they cannot afford housing. Fortunately, there are practical solutions available to your administration that would reduce domestic violence by providing safe, affordable housing options. All that is required is for you to implement cost effective, proven policies, in order to expand access to permanent affordable housing for survivors who are homeless or at risk of homelessness. Rental Subsidy We are encouraged that you recognize the importance of providing homeless families with permanent housing and have supported the development or reinstatement of a rental subsidy program for the homeless. While it will take some time to develop, a subsidy is an essential component of any successful homeless re-housing strategy—and this subsidy should be available to all homeless families, including those using the specialized domestic violence shelter system. The investment in rental subsidy is not only cost effective since permanent housing costs about one-third of shelter--$12,000 a year for an affordable 2-bedroom unit versus $36,000 a year in shelter-- it’s also a better outcome for individuals and families and would provide survivors and their children the opportunity for long-term security. In addition to a housing subsidy, there are other strategies that can be implemented to greatly reduce homelessness in New York City and ensure survivors’ continued security. Through a combination of low cost technical fixes, modest investments, and new initiatives, the next administration can expand access to permanent affordable housing for survivors. Low Cost Fixes On day one, you can take a few simple steps that would cost the city nothing by eliminating barriers that prevent survivors from accessing existing homeless housing resources. Although victims and their families are homeless, they are currently unable to access HPD Section 8, HPD homeless set-aside units, and supportive housing options. HPD’s homeless resources should be available to all homeless families, including survivors of domestic violence who are in the HRA-administered shelter system.

Be Our Guest: City must help domestic violence survivors find safe, affordable housingLess than one percent of supportive housing in New York City is designated for domestic violence survivors. Only 28 percent of domestic violence shelter residents are eligible for NYCHA’s Domestic Violence priority

By Carol Corden / NEW YORK DAILY NEWS

‘Ms. O’, a domestic violence victim, attended a lower Manhat-tan press conference by Legal Services NYC, which announced filing of a suit against NYCHA seeking reform for treatment of domestic violence victims seeking emergency housing to escape their abusers.

Every day in New York City, the NYPD responds to over 700 incidents of do-mestic violence. It impacts every neighborhood of the city, and is currently the leading cause of murder for women in New York City. That’s why it’s important for the next mayor to have a comprehensive plan to bring it to an end.

For those who survive incidences of domestic violence, the challenges don’t end after the police leave. Survivors, faced with few options, often end up homeless

n fact, survivors of domestic violence are one of the most neglected and un-derserved homeless populations. They often lack access to the city’s existing homeless housing resources; as a result, the vast majority of survivors wind up still homeless, often with little choice but to return to their abusers

Sunday, September 8, 2013, 5:40 PM

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Op-Ed: Domestic Violence, Homelessness And The Next Mayorby Carol Corden, New Destiny Housing, Sep 10, 2013

Domestic violence is an issue that deserves the attention of New York City’s mayoral candidates. It impacts every neighborhood in all five boroughs and is a leading cause of homelessness among New Yorkers; one-third of homeless families using the shelter system are survivors.

While shelters can provide an escape from abusers, they are only a temporary solution and do not afford survivors with the long-term security and supportive services they need. Today, most will end up still homeless, in risky situations or back in the homes of their abusers by the time their shelter stay expires.

Permanent and affordable housing for victims and their families is the only way to guarantee survivors’ continued security and place them on a path toward self-sufficien-cy. Yet, less than one percent of supportive housing in New York City is designated for domestic violence survivors and survivors are excluded from most other affordable and supportive housing referral systems.

It will be up to the next mayor of New York to address this crisis with the right kind of smart technical fixes to improve access to housing for survivors of domestic violence and implement modest investments to spur permanent affordable housing develop-ment.

Most low cost technical fixes can be accomplished through changes in City housing policy that affect how survivors can access different housing resources.

The current application process to obtaining affordable housing is lengthy, cumber-some, and inefficient, creating an unnecessary barrier between survivors and lifesaving resources.

Even though they are homeless, residents of domestic violence shelters cannot access HPD Section 8, HPD homeless set-aside units, or many supportive and semi-permanent housing options. HPD’s homeless resources should be made available to survivors of domestic violence using the Human Resources Administration shelter system.

In addition, the eligibility criteria for NYCHA domestic violence priority status relies heavily on criminal justice based documentation, yet most applicants from domestic violence shelters do not meet these criteria. In fact, in 2011, only 28 percent of domestic violence emergency shelter residents are even eligible for domestic violence priority.

...less than one percent of

supportive housing in New York City is designated for

domestic violence survivors...

1.

Domestic violence and homelessnessby Anthony Stasi

One policy area that gets little attention from policymakers is housing for vic-tims of domestic violence (often just referred to as DV in government circles).

Much of the effort on this problem has been on the law enforcement side, which makes sense. But the problem with solely addressing the law is that it leaves out a vital component to fighting domestic violence. A change in environment is needed. A restraining order is a legal remedy, but it is not really a change in location.

New Destiny Housing is one of the nonprofits that provides housing for do-mestic violence victims. They are also the only organization seeking permanent housing solutions specifically for this population.

According to executive director Carol Corden, affordable housing is badly need-ed to make any serious progress. Permanent housing is the key in addressing this problem, because if women (and men in some cases) have only a temporary break from an abusive situation, the problem is not solved. In fact, returning to an abusive environment may only make matters worse.

New York City is in a tight spot with this issue because the cost of housing is so high for people of all incomes. Moving out of an abusive living situation or dangerous relationship is less likely for many people because of financial rea-sons. Add children to the scenario and you have victims who are often without options.

The homeless population in the city has grown despite the best efforts of the Bloomberg administration to create more housing opportunities. Before the financial crisis, the big concern was on chronic homelessness, or those who are in the desperate cycle of poverty.

After the crash, the focus was on rapidly re-housing those who were in danger of finding themselves on the street.

Continued

Sunday, September 18, 2013

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New Destiny Housing is... the

only organization seeking permanent housing solutions...

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For two decades, New Destiny has demonstrated the impact of the lack of permanent affordable housing options on the survivor population and promoted better policies, subsidies and resources. Our efforts have gained slow but steady attention and traction – raising consciousness, changing perceptions, creating new alliances, and laying the foundation for future change.

Statistics for Advocacy Launched

In 2005, we launched Statistics for Advocacy – a data collection system that tracks the housing outcomes of survivor families exiting the nonprofit domestic violence shelter system. The data generated by this system has supported production of a series of documents – including the 2011 Closing Doors report and the 2012 Out in the Cold report – that clarify and quantify the devastating impact of ongoing cuts to the available subsidies, and bring the cycle of abuse and homelessness into bold relief.

Task Force Created

In 2006, we created a Task Force comprising major city housing agencies, emergency shelter providers, advocates, and survivors to propose solutions to survivors’ permanent housing needs. Thanks to the Task Force’s efforts – and to the irrefutable spotlight that it shone on this issue:

• In 2007, the Bloomberg Administration adopted six of the Task Force’s proposals – and the city’s Independent Budget Office confirmed that less than 1% of city funding for survivors supports permanent housing. • In 2010, The City Consolidated Plan acknowledged that nearly a third of the families in the DHS and HRA shelter sys-tems are there as the direct result of domestic violence.

Uniting Housing Advocates

Since 2008, New Destiny has continued bringing diverse advocates together to create a united agenda of expanded supportive and permanent housing options for survivors. In 2013:

• Three major housing advocacy organizations– United to End Home-lessness, Enterprise, and Housing First! – adopted supportive housing for survivors as a central policy goal. • The Coalition for Domestic Violence Residential Service Providers adopt-ed New Destiny’s proposals to reinstate and improve affordable housing subsidies for this population.

Influencing the Mayoral Platform

In 2013, New Destiny became the leading voice for survivors’ housing needs within the Mayoral campaign; and broadcast its message to the public at large through a series of articles in major New York publications.

Illuminating the Connections: Family Violence and Family Homelessness

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Louis and Arlene Farina

Betty and Fredric Feibusch

Paul and Rebecca Feuerstein

First Sterling Financial, Inc.

Elizabeth C. Flaherty

Richard T. Fleck

Food First Family Project, Inc.

Tarana P. Francois

Bruce W. Fraser

Jewish Federation

of Cleveland

Jill E. Fuller and John J. Lepri

Dorothy Genevich

John Germain

Mark H. Giese

Douglas Giles

Elizabeth Gilmore

Edward M. Gogol

Wendy Goodman

Alexander Gorlin Architects

Francis Greenburger

Charitable Fund

Lionel and Alice Greer

Lisa Nicolle Grist

Rachel Grossman

Patrick J. Hackett

Gail Greet Hannah

T. Craig Harmon

George H. Heberton

Jeffrey and Michelle Hecht

Susan Herman

Hum & Jacoby, LLP

Maria L. Imperial

Robert Insolia

Marc Jahr

Joann James

Michael and Laura Kaiser

Jason R. Kaye

Supporters

18

Brian E. Keating

Francine Kellman

Joanne Kelvin

James and Leslie Kerby

Louis Benjamin Kimmelman

Jeffrey and Martha Kohn

Steven and Marcella Krauss

Richard A. Kumro

Todd and Joann Lang

Rick Lazio

Susan Leicher

Gregory R. Lugliani

Tean Ly

Joseph and Mary Lynch

Magnusson Architecture and

Planning, PC

Robert and Bette Matz

Stephen P. McCandless

Charles and Susan McLean

Dachell McSween

Zalman and Sharon Mervis

Charles and Amy Miller

Dianne M. Miller

Rob Morea

N. Cheng & Co., PC

Patricia C. Naud

Nazareth Housing, Inc.

Deborah D. Nemirofsky

Marissa A. Nemirofsky

Nixon Peabody LLP

Maureen O’Connor

Otter Creek Associates

Posnick Center

for Facial Plastic Surgery

Sarah Singer Quast

Isabel Quinones

Lisa Rachmuth

Sabah Rajput

Carrie Reich

Raquel N. Rivera

Tru-Facers Corp.

Jack and Jane Rivkin

Maria and Lawrence Robins

Christine Roch

Helen Rosa

William Rosenblatt and

Jeanne Steiner

Francis and Cheryl Ryan

Evan Sagerman

Robert Sanborn

David and Lori Schechner

Barry and Debra Scheinholtz

M. Barry and

Judith E. Schneider

Peter A. Schwartz

Cynthia Schwartzberg

Joanne L. Schwartzberg

Carol Lamberg

Seyfarth Shaw LLP

Joan M. Shaughnessy

Karen Sherman, Esq.

Martin Simmen

Elaina S. Spilove

Stephanie I. Splane

Guido Subotovsky

Joan T. Tally

Balvir and Neelam Tambar

Udai K. Tambar

Palladia, Inc.

Hilary A. Thomas

Janis H. Trachtman

Page W. Travelstead

Jeremy Travis

Ko-Yung Tung

Urban Resource Institute

RY Management Co., Inc.

Frank and

Kathleen Verderber

IDL Electric

Violence Intervention

Program

Suzanne Wagner

Holly B. Wallace

Jennifer R. Watts

Mark Hertz Company

Stephen and Sarah Weissman

Tennant Company

Dr. and Mrs.

Joseph W. Wiliams

Joy F. Willig

Windels Marx Lane &

Mittendorf LLP

Metropolitan Abstract Corp.

Selfhelp Community Services

U.S. Trust / Bank of America

Steve Zaris and Susan North

Howard Zucker

NYS Housing Finance Agency

Safe Horizon, Inc.

Barry Zweigbaum, Esq.

Under $100

Vikram Atal

Elsa Ballard

Perry and Sandra Berg

Salvatore J. Bonito

Ellen Bransford

Elizabeth A. Breadon

Leigh Ann Brienza

Janet S. Brown

Beth A. Bulatovic

Michele P. Calos

James and Janice Cavalcante

Theresa Cirruto

Mary Elizabeth Coll

Eugene and Joanne Colon

Janet M. Connolly

Joseph and Linda Dezio

Elaine Dovas

Alaric Eby

Pamela J. Fairclough

Gerry Ann Fifer

Debby Filer

Gwendolyn S. Foster

Rachel Ganani

Piet Gauchat

A. Giallo-Uvino

Sarah Greenhalgh

Christina M. Greer

Francis M. and

Mary Ann Hackett

Janice Holzer

Aisha J. Jack

Nameeta Kamath

Leslie Klein

Stella M. Lavin

Susan Lob

Thomas and Jean Loftus

Diane Louard-Michel

Joseph G. Mantone

Marilyn M. Matos

Cathryn J. Mattson

Anne McKay

Mobeck-Guandalini

Insurance

Gary and

Rosemary Montgomery

Sonya Nanda

Carolyn P. Nesbitt

Madeline Pace

Mary S. De Pasquale

Susan J. Perschbacher

James and Catherine Porter

Nicholas and Grace Quennell

Mary H. Racinowski

Jonathan S. Rose

Paul M. Santanna

Sandina Sarro

James and Gisele Scott

Davesh Shah

Sherman Lau

Lu Ann Sholemson

Ruth Sholemson

Robert and Marylou Suckling

Martha Zybko

19

Consolidated Statements of Financial Position

Assets 2013 2012

Net investment in Real Estate Held for Lease $38,732,103 $35,068,149Cash 2,826,557 2,079,436 Other Assets 1,986,816 3,445,410

Total Assets $43,545,476 $40,593,995

Liabilities & Net Assets 2013 2012

Mortgages & Loans Payable $16,783,368 $14,254,912

Construction Cost Payable 1,036,681 1,612,794 Other Liabilities 903,684 827,966

Total Liabilities Applicable to Investment in Real Estate 18,723,733 16,695,672 Noncontrolling Ownership Interest 10,792,894 10,472,039 Net Assets Unrestricted 11,240,773 10,556,637 Temporarily Restricted 2,788,076 2,869,647 Total Net Assets 14,028,849 13,426,284

Total Liabilities and Net Assets $43,545,476 $40,593,995

20

HousingLink

Catherine TrapaniHousingLink Director

Administrative

Janet HutterDirector of Finance

Maria FrancoOffice Manager & Development Assistant

Alma NazerajAccountant

Georgina SculcoCommunications Associate

Esther AlixIndividual Donor Manager

Emily RubinGrant Writer

Carol CordenExecutive Director

Housing Development & Management

Joan BeckDirector of Housing Development

Meredith HermannHousing Development Manager

Warren StandardFacilities Manager

Nancy SolomonProperty Asset Manager

Jose Perez Marcello Manor Superintendent

Rafael Camacho Marcello Manor Front Desk Monitor

Lane AddonizioCentral Park Conservancy

John P. AlbertManatt, Phelps & Phillips, LLP

Elaine Calos

Theresa A. CerezolaGuardian Life Insurance Company

Natalie R. DoobinHarvard Services Group

Gina DoynowGB Doynow Consulting Services

Susan L. FleckNational Grid

Lily A. FragaConsultant

Kathleen M. FureyRobinson & Cole LLP

Erin GalliganBank of America Merrill Lynch

Marjorie A. McAndrewsChildren’s Rights

Baron Thrower Gottsegen House Superintendent

Jose Torres The Anderson Superintendent

Sonya Gould Marketing & Rent Up Intern

Matthew Corey Brooklyn Porter

Family Support Program

Walter VegaHousing Services Director

Josephine MelendezMarcello Manor Director

Tammy AlstonHousing Support Coordinator

Elizabeth RodriguezThe Anderson Tenant Support Coordinator

Elizabeth WatsonMarcello Manor Recreational Specialist

Dachell McSweenContent Inspirations

Martin D. NewmanPrivate Real Estate Investor

Gloria Picciano

Krishana PleasantBlank Rome LLP

Nicole Salmasi

Paula M. SarroMercy Center

Jennifer A. ThompsonPortales Partners, LLC

Hadrian A. TuckerState Bank of India

David WeissmanCredit Suisse

Brian ZumbanoColumbia University Medical Center

Allan ArkerThe Arker Companies

Albert ButzelAlbert K. Butzel Law Offices

Stanley K. DoobinHarvard Maintenance, Inc.

Gene Estess

Lucy FriedmanThe After-School Corporation

Richard M. FroehlichNYC Housing Development Corporation

Charles GatewoodCapital One Bank

Kirk GoodrichMonadnock Construction

Susan HermanPace University

Carrie Reich BRP Management Group

Sheila M. RenovitchFifth & Pacific Foundation

New Destiny Board of Directors

Advisory Council Members

New Destiny Staff

Expenses 2013 2012

Housing & Management Services $ 2,453,196 $ 2,002,806 Social Services 568,535 575,825

Total Program Services 3,021,731 2,578,631

Management & General 135,390 183,969 Fundraising 124,674 80,877

Total Supporting Services 260,064 264,846

Total Expenses $ 3,281,795 $ 2,843,477

Change in Unrestricted Net Assets Including Noncontrolling Interest 85,141 182,528 Loss Allocated to Noncontrolling Interest 598,995 255,985

Change in Unrestricted Net Assets 684,136 438,513

Temporarily Restricted Net Assets Grants 111,118 59,209 Net Assets Released from Restrictions (192,689) (305,010)

Change in Temporarily Restricted Net Assets (81,571) (245,801)

Net AssetsBeginning of Year 13,426,284 13,233,572

End of Year $14,028,849 $13,426,284

Support & Revenue 2013 2012

Grants & Contributions $ 861,156 $ 700,679Special Event, Net of Expenses 157,122 144,943Rental Income 1,475,141 1,198,166Developer & Property Management Fees 670,000 520,000 Interest Income & Other 10,828 157,207

3,174,247 2,720,995 Net Assets Released from Restrictions 192,689 305,010

Total Support & Revenue $3,366,936 $3,026,005

Consolidated Statements of Activities

92% Programs

4% Management & General

4% Fundraising

2013 Expenses

Based on FY2013 expenses excluding building operations.

Design: Skeggs Design/LegatoText: Susan Leicher, Thompson & ColumbusMajor Photography: Copyright © Ben RussellOther Photography: Copyright © Beth Perkins

12 w 37th street, 7th floor new york, ny 10018

646 472.0262 646 472.0266 faxwww.newdestinyhousing.org