New Construction Financing

• About New ConstructionLearn about how HPD develops new affordable housing.
• Extremely Low- and Low-Income Affordability Program (ELLA)Funding for new construction of multi-family rentals affordable to 30-60% AMI.
• Inclusionary HousingDesigned to preserve and promote affordable housing.
• Mixed-Income Program (Mix & Match)Funding for new construction of mixed income multifamily rentals.
• Neighborhood Construction Program (NCP)Funding for the new construction of infill rental housing with low to moderate income set asides.
• Open Door ProgramFunding for the new construction of coops and condos for moderate and middle income households.
• Senior Affordable Rental Apartments Program (SARA)Funding for the construction and renovation of affordable housing for low-income seniors.
• Supportive Housing ProgramsLearn about the agency's programs to house and support the most vulnerable.
• Term SheetsTerm sheets for HPD Development Programs.