Lower East Side Coalition for Housing Development, Inc
- New York
The Lower East Side Coalition Housing Development's (LESCHD) mission is to enrich the quality of life for New Yorkers by the effective development, preservation and management of affordable housing.
LESCHD is a community-based 501(c)(3) corporation, active since 1968 in New York's Lower East Side. LESCHD has sponsored and co-sponsored the development of over 1,300 affordable rental and home-ownership units. The organization is committed to providing professional. LESCHD’s community-based management through its affiliate: Loisaida Enterprises Corporation.
LESCHD evolved from a group of community residents and leaders who formed a coalition to provide community control over housing development in the Lower East Side. The efforts by community residents to exert local control over housing policy and development has grown into a not for profit housing development corporation currently involved in the development, management and promotion of low income housing. The beneficiaries of the housing and ancillary services include low income seniors, individuals with mental illness, formerly homeless families and individuals, and other low income persons.