According to the NYPost, a troubled non-profit organization from Harlem stiffed its supporters — including rapper Doug E. Fresh — who kicked in nearly $700,000 to keep it afloat.
The Greater Harlem Housing Development Corp. asked for handouts when its affordable-housing properties were facing foreclosure in 2005.
One elderly retiree who forked over part of her savings said she was promised her money back in 120 days — and still hasn’t seen a dime of it. Carol Bellamy, 81, took Greater Harlem to court to recoup part of the $21,000 she had gave in 2003. In 2011, she won a $5,000 judgment, plus interest, that has yet to be paid.
“It never occurred to me that at this age in my life I’d have to be fighting for my money,” said Bellamy, who ran an insurance agency in Harlem.
Bellamy, like many of the other supporters who gave their cash to Greater Harlem, had been board members of the group run by Harlem power broker Lloyd Williams.
An October 2008 financial ledger from Greater Harlem obtained by The Post shows that 21 people loaned the organization money, which was to be paid back by Dec. 31, 2008.
It appears that at least two contributors were at least partially paid back, including Doug Davis, a k a Doug E. Fresh. A notation on the ledger shows that Williams paid $30,000 back to Davis in 2007, with another $70,000 of Davis’ loan outstanding.
Greater Harlem oversees 117 units of affordable housing in buildings it bought for almost nothing from the city two decades ago. It also sponsored the Strivers Gardens condos on 135th Street.