City Housing Agency Launches New Program Aimed at Stabilizing and Preserving the City’s Vital Supportive Housing Stock

June 16, 2026

The Supportive Preservation Program is part of a larger citywide initiative to protect housing for the most vulnerable New Yorkers.

NEW YORK, NY – The New York City Department of Housing Preservation and Development (HPD) today launched the Supportive Preservation Program (SPP), a new initiative aimed at stabilizing and preserving the City’s vital supportive housing stock. The program will establish a dedicated team to manage all supportive housing preservation projects with the goal of addressing the specific needs and policy issues faced by the supportive housing portfolio.

The program will assess the needs of each project and develop a long-term preservation strategy to ensure the financial and physical needs of the project are met and that affordability is preserved. HPD can provide various forms of assistance to projects to address financial needs including granting residential real estate tax exemptions, providing below-market loans, and modifying existing HPD loans in ways to induce conventional financing.

“Supportive housing plays a critical role in our city, providing stability and services to New Yorkers in need. I am proud to be launching the new Supportive Preservation Program to ensure that providers and residents are able to succeed for many years to come. My thanks to the HPD and provider teams who have shaped this program,” said Leila Bozorg, Deputy Mayor for Housing and Planning. “This program will be an important part of our holistic approach to provide and protect the housing that New Yorkers rely on.”

"New York City has been at the forefront of the supportive housing movement since its inception more than forty years ago. We are proud to once again lead the way with the Supportive Preservation Program, a new initiative which will help stabilize and preserve our supportive housing stock,” said Housing and Preservation Commissioner Dina Levy. “Supportive housing is a vital resource for New Yorkers facing homelessness and other complex challenges. For those struggling with immense challenges, the Supportive Preservation Program will offer an opportunity to live more stable and dignified lives in homes that are safe and affordable." 

The launch of the program is an important step to implement Block by Block, the Mamdani administration’s housing plan. The plan, launched on May 26, highlights SPP as a part of its preservation agenda. Block by Block brings the ambition, urgency and investment to address the housing crisis that New Yorkers deserve, including building 200,000 new affordable homes and preserving 200,000 more over the next decade.

HPD’s Office of Housing Access and Stability will also launch a new RFP to expand eligibility for NYC 15/15 Rental Assistance to projects seeking to preserve or rehabilitate existing supportive housing. This is a limited opportunity for projects with New York City-administered supportive service contracts.   

HPD announced the new program alongside representatives from Nazareth Housing, a community-based nonprofit serving vulnerable families and individuals in crisis, and the Supportive Housing Network of New York, a nonprofit membership organization that represents over 200 nonprofits that develop and operate supportive housing.

“This innovative initiative recognizes that preserving supportive housing is just as important as creating new housing,” said Rachel Levine, Executive Director of Nazareth Housing. “New York City cannot solve its housing crisis without protecting the homes that already provide stability, affordability, and critical supportive services to vulnerable New Yorkers. Through the Supportive Preservation Program, Park Avenue Thorpe will be able to undergo substantial rehabilitation to address critical structural needs, improve energy efficiency, reduce operating costs, and ensure that this building remains a high-quality home for generations to come. Just as importantly, these investments will allow Nazareth Housing to focus our resources where they matter most — supporting the families and individuals we serve.”

“The Supportive Housing Preservation Program is a huge step forward in ensuring that the unique needs of existing supportive housing residences are met,” said Tierra Labrada, the Supportive Housing Network of New York’s Director of Policy. “As we have long advocated to the City, supportive housing cannot focus solely on new development. To fulfill its promise of safe and stable housing, we must also preserve existing buildings, modernize aging infrastructure, and ensure tenants can age in place with dignity. We are grateful to Mayor Mamdani and his administration for listening to providers and advocates and for addressing this long-standing gap. The inclusion of a new NYC 15/15 rental assistance RFP is especially critical, giving providers the stable revenue they need to operate, maintain, and preserve these homes for years to come.”

In developing the program, HPD collected feedback and suggestions from supportive housing sponsors, trade organizations, and lenders. By creating a term sheet based on stakeholder feedback and historical data, the SPP will allow HPD to be more responsive to the needs of supportive preservation projects. The program’s term sheet uses the new standardized form with updates for supportive housing-specific policies. 

Eligible projects must be existing supportive housing projects located within New York City and must have an existing social service contract(s) administered by a City or State government agency where that social service contract will be maintained after closing. Sponsors can propose combining existing non-supportive housing properties with existing supportive housing properties into one new transaction.

You can learn more about the Supportive Preservation Program by clicking here.

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The New York City Department of Housing Preservation and Development (HPD) is the nation’s largest city housing agency, responsible for the creation and preservation of affordable housing as well as enforcing the housing and maintenance code across all five boroughs. From responding to over 600,000 housing complaints to financing nearly 15,000 new affordable homes and connecting more than 25,000 New Yorkers with affordable housing, HPD’s work touches every corner of the city’s housing landscape.

Stay up to date by following @NYCHousing on Facebook, Twitter, and Instagram, and visit nyc.gov/hpd for more information.