324 East 5th Street RFP

What Phase of the RFP Process Are We In?

1 Community Visioning

Thank you to everyone who shared their vision for the future of the 324 East 5th Street RFP site! Check out the 324 East 5th Street Avenue Community Visioning Report to read about what we heard and the key findings. Navigate to the How to Get Involved tab for more information about how HPD has engaged the community.  

If you are interested in learning more about the RFP process, please navigate to the RFP Process and FAQs tab.  

2 Community Visioning 

The 324 East 5th Street RFP was released on May 29, 2025. Submissions were due on August 22, 2025.  

To access the RFP documents, please navigate to the Submit an RFP Response tab. 

3 Submissions Review 

 To learn more about the RFP process, please navigate to the RFP Process & FAQs tab.     

4 Developer Designation 

On July 13, 2026, HPD announced the designation of 324 East 5th Street to a development team consisting of Spatial Equity, Housing Works, Cooper Square Committee, and This Land Is Ours Community Land Trust.

The project is expected to produce approximately 131 new affordable homes serving low-income New Yorkers, including seniors.  

For more information about the selected development proposal, check out the press release.  

General Housing Resources

Visit the NYC Housing Resource Portal for additional housing resources.