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NYC Department of Housing Preservation & Development
Press Room


August 23, 2000

Press Contacts: Carol Abrams (212) 863-5176
Kim Brown (212) 863-8076

HPD Celebrates "New Home, New York" During Homeownership Month in September

Housing Agency Offers Variety of Activities Highlighting Homeownership

Mayor Rudolph W. Giuliani has designated September as "Homeownership Month" for the fourth consecutive year. New York City Department of Housing Preservation and Development (HPD) Commissioner Jerilyn Perine today announced the theme, "New Home, New York," which the agency has adopted as its annual theme for the month-long observance. Homeownership Month 2000 will include 22 events that showcase major public/private homeownership initiatives, City investments, and housing education. A calendar outlining the events scheduled for Homeownership Month is attached.

"HPD is proud to have been able to help over 11,000 New York City families buy homes over the past six years," said Commissioner Perine. "Homeownership Month gives us the opportunity to showcase some of the projects we were are working on that will allow even more New Yorkers achieve the dream of homeownership."

September's Homeownership Month features a block party in Bushwick, Brooklyn, with new homeowners on Evergreen Avenue; an Open House for the agency's Housing Education Program ; seminars sponsored by Neighborhood Housing Services ; classes in building management and water/energy conservation; and Fannie Mae's free homebuyer's fair.

HPD thanks its other Homeownership Month partners -- the NYC Housing Partnership, Astoria Federal Savings Bank, the Community Preservation Corporation, Citigroup, Chase Manhattan Bank, Dime Savings Bank, Fannie Mae -- for hosting Homeownership Month events.

The City's homeownership programs include 1) new construction of affordable homes on City-owned land, 2) the rehabilitation and sale of buildings the City acquired through tax foreclosure, and 3) low-interest loans so owner-occupants can make repairs and improvements to their homes.

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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