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NYC Department of Housing Preservation & Development
Developers

Other Government-Owned Property Development

NYCHA Collaboration

In April, 2005, City housing officials announced a new collaboration to create affordable apartments and homes for low-income New Yorkers. Housing Preservation and Development (HPD) Commissioner Shaun Donovan and New York City Housing Authority (NYCHA) Chairman Tino Hernandez launched a collaborative effort that will develop dilapidated and vacant NYCHA properties into affordable housing for low-income New Yorkers. The citywide initiative implements a key component of Mayor Michael R. Bloomberg's housing plan to fund the rehabilitation and construction of apartments and homes for 500,000 New Yorkers. By tapping underutilized sites in the portfolios of other landholding public agencies, the city expects to create significant additional affordable rental and ownership opportunities. HPD is collaborating with NYCHA to create additional affordable housing on NYCHA land. Nine initial projects will result in up to 1,800 new affordable units, with additional projects already in the planning stages.

"To address New York City's housing shortage, we are looking at all available land and buildings in both our own portfolio and the holdings of other public sector partners like the NYC Housing Authority," said HPD Commissioner Shaun Donovan. "Transforming this inventory of currently dilapidated buildings and empty lots into much needed affordable housing will help us realize the Mayor's ambitious housing plan."

PRESS RELEASE: CITY HOUSING OFFICIALS ANNOUNCE NEW COLLABORATION TO CREATE AFFORDABLE APARTMENTS AND HOMES FOR LOW-INCOME NEW YORKERS

PRESS RELEASE: CITY ANNOUNCES DEVELOPMENT TEAM TO BUILD AFFORDABLE HOUSING ON NYCHA PROPERTIES IN EAST HARLEM

PRESS RELEASE:CITY ANNOUNCES DEVELOPMENT TEAMS TO BUILD AFFORDABLE HOUSING ON NYCHA PROPERTIES ON MANHATTAN’S WEST SIDE

PRESS RELEASE:THE CITY AND PHIPPS HOUSES BREAK GROUND FOR NEW LOWER EAST SIDE AFFORDABLE HOUSING

HPD and NYCHA Development Request for Proposals


HUD Collaboration

Mayor Michael R. Bloomberg and U.S. Housing and Urban Development (HUD) Secretary Alphonso Jackson announced an agreement to restore up to 360 one-to-three-family homes in New York City and resell them as affordable housing for approximately 650 families. The City and its nonprofit partners will purchase homes in distressed communities that are owned by the Federal Housing Administration (FHA) as a result of the Asset Control Area agreement, a 1998 Congressional initiative whereby FHA sells its foreclosed homes in designated areas to municipalities and experienced nonprofit developers at a discount. Often HUD-owned homes have major repair needs requiring substantial renovations, including nominally or non-functioning heating, plumbing and electrical systems, damaged roofs, kitchens, bathrooms, illegally converted basements and unventilated bedrooms. Homes purchased and rehabilitated as a result of this City and Federal agreement are to be sold to owner-occupants.

PRESS RELEASE: MAYOR BLOOMBERG AND HUD SECRETARY JACKSON ANNOUNCE AGREEMENT TO RESTORE VACANT PROPERTIES 


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