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NYC Department of Housing Preservation & Development
Press Room

FOR IMMEDIATE RELEASE

August 18, 2003

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

RENOVATED, AFFORDABLE ONE- TO FOUR-FAMILY HOMES FOR SALE IN BROOKLYN AND THE BRONX

The New York City Department of Housing Preservation and Development (HPD)announces that applications are now available for 25 one- to four-family homeslocated in the Bedford Stuyvesant and Crown Heights sections of Brooklyn andthe Crotona Park East, Longwood and Mott Haven sections of the Bronx. The homesare currently vacant and will be renovated through HPD'sHomeworks Program.

Eligible buyers must have minimum incomes ranging from $41,500 to $54,200, must have at least $6,765 to $16,912 for the downpayment, must qualify for mortgage financing, and meet additional criteria. Buyers must agree to occupy at least one unit of the home as their primary residence. The Homeworks Program includes a substantial real estate tax exemption for six years. Log on to nyc.gov/hpd for more information.

To request an application, please send a self-addressed envelope to: Neighborhood Housing Services, P.O. Box 388 Midtown Station, New York, NY 10018.

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 22, 2003. Applications will be selected by lottery. Eligible applicants residing in the following districts will receive priority for half of the homes: Brooklyn 3 and 8, and Bronx 1, 2, and 3.

Informational seminars will be held at the following locations:

  • Brooklyn Borough President's Office, 209 Joralemon Street, on Tuesday, August 19, 2003 at 6:00 p.m.
  • Central Manor International Cultural Center, 1309 Gun Hill Road in the Bronx, between Bouck and Wilson Avenues, on Thursday, August 21, 2003 at 6:30 p.m.

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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