Moujan Vahdat

Moujan Vahdat, CEO of Elmo Realty Co., one of the largest landowners in New York, has dedicated his work and life to alleviating the homeless crisis in the city. “In recent years homelessness in New York City has reached the highest levels since the Great Depression of the 1930s,” says Vahdat. “We remain steadfast in our dedication to ending the homeless crisis.”

Over the past 30 years, Moujan Vahdat has visited homeless shelters and spoken with hundreds of homeless New Yorkers. He firmly believes that the “mental health dilemma is 100% more prevalent in the people who live in the streets than the shelter population because they cannot navigate the bureaucratic mass of our City government.” For example, he notes, “if this population does not have a personal identification card, they can’t use the shelter system.”

For nearly 10 years, Moujan Vahdat has been working closely with Promesa Housing Development Fund Corporation (Promesa HDFC to provide housing to 46 former homeless adults and 60 children in the Bronx. ELMO Realty Co. also works closely with The Bridge Inc to provide subsidized housing and behavioral health services through 40 programs in the Bronx, Brooklyn, and Manhattan.