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Lantern Organization, formerly known as the Lantern Group, is a not-for-profit corporation dedicated to developing and operating permanent affordable and special needs housing in New York City. Since its founding in 1997, Lantern Organization has 16 buildings in operation, development, or planning phases. These housing developments account for more than 1230 units of affordable rental housing for many communities in New York City.
Lantern Organization developments meet high standards of architectural, green building, and energy efficiency design. The organization works with selected professionals at all phases of housing development and production, and provides rent-up, property management and program operations. Funding to support these activities is secured from a variety of public and private sources.