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NYC Department of Housing Preservation & Development
Press Room

FOR IMMEDIATE RELEASE

August 1, 2003

Press Contact: Carol Abrams (212) 863-5176
To request a homeownership kit, call 311.
Click here for HPD's lists of affordable homes

APPLICATIONS AVAILABLE FOR HOMES IN CENTRAL HARLEM AND HAMILTON HEIGHTS

The New York City Department of Housing Preservation and Development (HPD) announces that applications are now available for 14 two- and three-family homes located between West 132nd and West 152nd Streets in the Central Harlem and Hamilton Heights sections of Manhattan.

Six homes will be available for sale to households whose entire annual income does not exceed approximately $90,000. Buyers for the remaining eight homes are not subject to income limitations.

Eligible buyers must have annual income sufficient to qualify for mortgage financing (approximately $58,800 for the income restricted homes and $98,600 for the unrestricted homes), 5% to 10% of the purchase price in savings for down payment and closing costs, and meet additional criteria. Buyers must agree to occupy at least one unit in the homes as their primary residence. Log on to nyc.gov/hpd for more information.

To request an application, please send a self-addressed envelope to: Harlem North Homes, P.O. Box 1734, Lincolnton Station, New York, NY 10037. Completed applications must be returned by regular mail only to the post office box number indicated in the application package, and must be postmarked by September 30, 2003. Applications will be selected by lottery. Eligible applicants residing in Manhattan Community Boards 9 and 10 will receive priority for seven of the homes.

Information seminars will be held on Tuesday, August 5, 2003 and Monday, August 11, 2003 at 6:30 p.m. at the Oberia Dempsey Community Center, located at 127 West 127th Street, New York, NY 10027.

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 204,000 units of affordable housing. For more information about affordable rental housing, call the City's Citizen Service Center at 311 or log on to nyc.gov/hpd




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