Neighborhood Pillars

Neighborhood Pillars Program Overview

HPD’s Neighborhood Pillars program provides low-interest loans and tax exemptions to nonprofits, mission driven for profits and certified Minority and Women-owned Business Enterprise (M/WBE) to acquire and rehabilitate unregulated or rent stabilized residential buildings for low- to moderate-income households with significant financial and/or physical distress, in order to improve and preserve housing affordable to low- to moderate-income households.

Information on the program, criteria, and application process will be updated. For questions, please contact hpdplp@hpd.nyc.gov.