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NYC Department of Housing Preservation & Development
Press Room

Monday, September 17, 2012
HPD, DCA, THE CENTER FOR NYC NEIGHBORHOODS AND PARTNERS ANNOUNCE OVER $250K IN LOANS MADE TO BRONX HOMEOWNERS AT RISK OF FORECLOSURE
NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, the Center for New York City Neighborhoods (CNYCN), the NYC Department of Consumer Affairs (DCA) and partners announce that more than $251,000 in loans have been made to homeowners in the Bronx through the Mortgage Assistance Program (MAP). The program makes loans of up to $25,000 to New York City homeowners at risk of foreclosure so that they may enter into a sustainable and affordable mortgage. To apply for the program, homeowners work with a housing counselor or legal services provider, at no cost, to determine eligibility and work with their lender to negotiate a resolution. To date, more than $1.3 million in MAP loans have assisted homeowners throughout New York City.




Monday, September 17, 2012
HPD, DCA, THE CENTER FOR NYC NEIGHBORHOODS AND PARTNERS ANNOUNCE NEARLY $350K IN LOANS MADE TO STATEN ISLAND HOMEOWNERS AT RISK OF FORECLOSURE
NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, the Center for New York City Neighborhoods (CNYCN), the NYC Department of Consumer Affairs (DCA) and partners announce that more than $345,000 in loans have been made to homeowners in Staten Island through the Mortgage Assistance Program (MAP). The program makes loans of up to $25,000 to New York City homeowners at risk of foreclosure so that they may enter into a sustainable and affordable mortgage. To apply for the program, homeowners work with a housing counselor or legal services provider, at no cost, to determine eligibility and work with their lender to negotiate a resolution. To date, more than $1.3 million in MAP loans have assisted homeowners throughout New York City.




Monday, September 17, 2012
HPD, DCA, THE CENTER FOR NYC NEIGHBORHOODS AND PARTNERS ANNOUNCE OVER $390K IN LOANS MADE TO QUEENS HOMEOWNERS AT RISK OF FORECLOSURE
NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, the Center for New York City Neighborhoods (CNYCN), the NYC Department of Consumer Affairs (DCA) and partners announce that more than $391,000 in loans have been made to homeowners in Queens through the Mortgage Assistance Program (MAP). The program makes loans of up to $25,000 to New York City homeowners at risk of foreclosure so that they may enter into a sustainable and affordable mortgage. To apply for the program, homeowners work with a housing counselor or legal services provider, at no cost, to determine eligibility and work with their lender to negotiate a resolution. To date, more than $1.3 million in MAP loans have assisted homeowners throughout New York City.




Wednesday, August 29, 2012
Parsons DESIS Lab, Public Policy Lab and NYC Housing Preservation and Development Receive Rockefeller Foundation Cultural Innovative Fund Grant to Design and Prototype City Service Improvements
NEW YORK, August 29, 2012—The Parsons DESIS Lab (Design for Social Innovation and Sustainability) at Parsons The New School for Design and the Public Policy Lab were recently awarded a 2012 Rock­e­feller Found­a­tion Cul­tural Innov­a­tion Fund grant for Public & Collaborative, an innov­at­ive part­ner­ship with the New York City Depart­ment of Hous­ing Pre­ser­va­tion and Devel­op­ment (HPD). The pro­ject explores ways to engage com­munity res­id­ents in the development of ser­vices related to city-supported affordable housing development and preservation in neighborhoods with significant public and private sector investment leveraged by HPD.




Wednesday, August 8, 2012
HPD COMMISSIONER WAMBUA ANNOUNCES SEARCH FOR RESPONSIBLE PROPERTY MANAGERS
NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua announced the release today of a Request for Qualifications (RFQ) to identify property managers to administer to buildings with significant challenges.HPD’s Division of Asset Management is responsible for overseeing privately-owned multifamily affordable housing projects that HPD has created or preserved over the past 20 years. On a case by case basis, HPD may require an alternate party step in to property management duties with the goal of ensuring quality housing for tenants and maintaining the long-term affordability and physical viability of the property.




Wednesday, July 25, 2012
STATEMENT OF HPD COMMISSIONER WAMBUA ON CITY COUNCIL’S DATA COLLECTION BILL
“We support transparency with a purpose, and believe that the public should know who is doing business with the City, what those requirements are, and how much is being spent. We are for using our resources and existing review policies to identify and take corrective action against those parties not in compliance with the laws and regulations that govern our industry. Despite our repeated efforts to find a reasonable compromise, the Council has included provisions in this bill that do nothing to further transparency or protect the public interest.




Thursday, July 19, 2012
MAYOR BLOOMBERG, DEPUTY MAYOR STEEL, HOUSING COMMISSIONER WAMBUA AND HDC PRESIDENT JAHR ANNOUNCE CITY IS 85 PERCENT OF WAY TOWARD GOAL OF CREATING OR PRESERVING 165,000 UNITS OF AFFORDABLE HOUSING
Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel, Housing Preservation and Development Commissioner Mathew M. Wambua and Housing Development Corporation President Marc Jahr announced today that New York City is 85 percent of the way towards completing Mayor Bloomberg’s New Housing Marketplace Plan goal of financing the creation or preservation of 165,000 units of affordable housing by the end of the 2014 fiscal year. In total, between July 1, 2011 and June 30, 2012 when the fiscal year ended, the City invested or leveraged $1.9 billion to finance 16,502 units of affordable housing for middle-class and low-income New Yorkers, surpassing its goal for the year by more than 2,000 units




Thursday, July 19, 2012
MAYOR BLOOMBERG, HPD COMMISSIONER WAMBUA AND BROADWAY HOUSING CELEBRATE GROUNDBREAKING OF SUGAR HILL AFFORDABLE HOUSING DEVELOPMENT IN SUGAR HILL
Mayor Michael R. Bloomberg, Department of Housing Preservation and Development Commissioner Mathew M. Wambua and project developer Broadway Housing Communities Executive Director/Founder Ellen Baxter celebrated the beginning of construction for the new Sugar Hill development located at 44 West 155th Street in the Sugar Hill District of West Harlem. Sugar Hill will bring 124 newly constructed units of affordable rental housing to the Hamilton Heights neighborhood, and create approximately 340 construction related jobs. The development will also provide the community with a new early childhood center for approximately 100 to 120 local preschool-aged children, and space for the privately funded Sugar Hill Children’s Museum of Art and Storytelling which will be geared towards children from pre-kindergarten through fifth grade. The Sugar Hill development will transform an underutilized private site into a green model of urban community revitalization that integrates affordable housing, education and cultural resources to enrich the neighborhood.




Wednesday, July 18, 2012
HPD AND HDC JOIN CYPRESS 4 LLC AND PARTNERS TO CELEBRATE THE START OF CONSTRUCTION ON MAPLE MESA APARTMENTS
New York, NY – NYC Department of Housing Preservation and Development (HPD) and NYC Housing Development Corporation (HDC) join Bronx Borough President Ruben Diaz, Jr., Congressman Jose Serrano, Capitol One Bank and Cypress 4 LLC to the start of construction for Maple Mesa Apartments. Comprised of two buildings, one located at 601 East 163rd Street and the other at 232 East 169th Street, the Maple Mesa development will provide the Morrisania and Concourse neighborhoods of the South Bronx with a total of 59 newly constructed low-income rental units.




Thursday, July 12, 2012
HPD, CPC Resources, East Brooklyn Congregations, SONYMA, and PNC Bank, N.A., Celebrate the Grand Opening of $15.3 Million, 48-Unit New Affordable Housing in Brooklyn
Brooklyn, NY, July 12, 2012 – The New York City Department of Housing Preservation and Development (HPD), CPC Resources, Inc. (CPCR), East Brooklyn Congregations (EBC), residents and partners, celebrated today the completion of Madison Putnam, a new 48-unit affordable housing development for low-income families in the Bedford-Stuyvesant section of Brooklyn.



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