Deputy Commissioner: Anne-Marie A. Hendrickson
Over the past 20 years, HPD and its partners have invested in hundreds of thousands of affordable units throughout the City. As more and more units are established, it is increasingly important that HPD ensures their affordability, as well as financial and physical stability over the long-term. The Office of Asset and Property Management (APM) leads the effort to protect the agency’s investment and these critical neighborhood assets. Newly established in 2009, APM actively monitors the performance and regulatory compliance of City-sponsored projects and directly manages City-owned properties.
The Office is comprised of three divisions:
The Division of Asset Management is responsible for ensuring the longevity and affordability of units the agency has created and preserved. Its programs are geared to proactively identify at-risk buildings and portfolios and to stabilize mismanaged assets. With the help of the MacArthur Foundation, HPD is building a new database to assist the Division in this work. The system will track real-time information on the condition of properties and will serve as an early warning system to detect potential risks to buildings.
The Division of Housing Supervision oversees the portfolio of City-sponsored Mitchell-Lama developments, including affordable rental and cooperative housing. Through the New Housing Marketplace Plan, HPD and its sister agency, the Housing Development Corporation (HDC), are working to address the rehabilitation needs of the aging Mitchell-Lama stock and preserve the long term affordability of all remaining City Mitchell-Lama units. Under the Bloomberg administration, over 30,000 units of Mitchell-Lama housing have already been preserved and an additional 10,000 units are slated for preservation before 2014.
The Division of Property Management (DPM) manages City-owned (in rem) residential and commercial properties, as well as Urban Renewal properties, until they can be returned to responsible private ownership. In addition, this Division operates the Emergency Housing Response Team (EHRT) and Client and Housing Services (CHS), which provide emergency shelter and housing relocation services to tenants displaced as a result of fires or vacate orders issued by the Department of Buildings, the Fire Department or HPD.
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