FOR IMMEDIATE RELEASEHPD BOOSTS COMMUNITY PREFERENCE ON HOMEOWNERSHIP/RENTAL DEVELOPMENTS TO FIFTY PERCENT
September 4, 2002
Carol Abrams (212) 863-5176
Kim Brown (212) 863-8076
New York City Department of Housing Preservation and Development (HPD) Commissioner Jerilyn Perine today announced an increase from 30 percent to 50 percent in the community preference for homes, co-ops, condominiums and rental apartments it creates, rehabilitates and selects by lottery. The increase in community preference will provide greater housing opportunities for long-time residents of New York City neighborhoods where HPD has made a significant investment in housing.
Additionally, in keeping with federal guidelines for the Americans with Disabilities Act, priority for 5 percent of homeownership and rental units continues to be given to mobility-impaired applicants, with visually- and hearing-impaired applicants receiving a 2 percent preference. Uniformed New York City Police Officers will continue to receive preference for 5 percent of the homeownership units constructed and rehabilitated to facilitate police officers living in the City.
"Since FY87, more than 203,000 apartments and homes have been constructed or rehabilitated through city-sponsored programs, including more than 14,000 homeownership townhouses, co-ops, and condos," said Commissioner Perine. "This increase in community preference underscores our commitment to making homeownership and affordable rental housing a greater possibility for all New Yorkers."
Here's an example of how the new preference criteria will be implemented: If a total of 100 condominiums for homeownership are being constructed in a Brooklyn community board, current residents of that community board who are selected through the HPD-supervised lottery would receive preference for 50 of the new condos, subject to program eligibility requirements. Five units would be set aside for uniformed New York City Police Officers; five units would be set aside for the mobility-impaired; and two units would be reserved for visually- and hearing-impaired applicants. Applicants would need to meet income guidelines.
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 1987, the agency has completed the construction or rehabilitation of 180,000 units of affordable housing. To request a Homeownership Kit, call HPD's Information Line at (212) 863-8000. For more information about affordable rental housing, call HPD's Affordable Housing Hotline at (212) 863-5610 or log on to nyc.gov/hpd.