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NYC Department of Housing Preservation & Development
Press Room

FOR IMMEDIATE RELEASE

April 28, 1999

Contact:
Carol Abrams
(212) 863-5176

HPD'S NEIGHBORHOOD ENTREPRENEURS PROGRAM (NEP) IS A SEMI-FINALIST IN HARVARD'S INNOVATIONS IN AMERICAN GOVERNMENT AWARD PROGRAM

HPD Commissioner Richard T. Roberts today announced that HPD's Neighborhood Entrepreneurs Program (NEP) is one of 99 programs selected as a semi-finalist in the 1999 Innovations in American Government Award Program sponsored by Harvard University's Kennedy School of Government. The semi-finalists were chosen from more than 1,600 applications from federal, state, and local governments nationwide. The finalists will be announced October 14, 1999, in Washington, D.C.

"NEP has made a significant contribution to reducing the number of City-owned and managed buildings by 48 percent, while at the same time stimulating community revitalization by providing local ownership and affordable housing opportunities," said Commissioner Roberts. "The unique component of NEP is its focus on small owners who have a commitment to their neighborhood."

NEP enables neighborhood-based property managers to won and manage clusters of occupied and vacant City-owned buildings. By focusing on small, locally-based entrepreneurs, HPD is strengthening local real estate capacity while insuring quality management and maintenance for the buildings.

City-owned buildings selected for NEP are sold to the New York City Housing Partnership, which contracts with entrepreneurs to oversee the rehabilitation and to purchase the buildings upon completion. Entrepreneurs are also partnered with local not-for-profit groups that assist with building stabilization and provide tenant support and job training.

HPD has renovated 1,500 apartments through NEP which was created by Mayor Giuliani in 1994. Since the beginning of the program, the City ahs invested $180 million and allocated $159.8 million for Fiscal Years 1999 and 2000.

NEP was one of four programs administered by the City of New York selected as a semi-finalist. Other City agencies' programs recognized by Harvard include "Transitional Finance Authority"from the Office of Management and Budget, "Controlling Tuberculosis: Patient Review Approach"from the Department of Health, and "Materials for the Arts"from the Department of Cultural Affairs.

HPD's mission is to promote quality housing and viable neighborhoods for New Yorkers. The department is the nation's largest municipal housing development agency. Since Fiscal Year 1994, the agency has completed the construction or rehabilitation of nearly 58,000 units of affordable housing.




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