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New Program Termsheets

   

New Financing Application

   
Termsheets     New Financing Application    

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Apply for Affordable Housing Online

Housing Connect   NYC Housing Connect lets New Yorkers fill out a single online application that can be saved and edited, and used to apply to multiple new affordable housing lotteries. Please visit www.nyc.gov/housingconnect

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Housing New York: Three Years Of Progress

HNY Housing New York - Three Years of Progress  

City officials have released a progress report describing the policies and programs advancing the goals of the Mayor’s Housing New York Plan. Three years in, a record-breaking 62,506 affordable residences have been financed toward the ten-year 200,000 goal ...Read More

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Housing New York: A Five- Borough, Ten-Year Plan

MayorHousing Plan  

All New Yorkers deserve a safe and affordable place to live, in a neighborhood that provides opportunities to succeed. Mayor de Blasio has made the goal of providing every New Yorker with safe, affordable housing a top priority of his administration, and has committed the City to “build or preserve nearly 200,000 affordable units, and help both tenants and small landlords preserve the quality and affordability of their homes.” ...Read More


News

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NYCHA ANNOUNCES DEVELOPER SELECTION AT HOLMES TOWERS FOR NEXTGEN NEIGHBORHOODS PROGRAM, RAISING CRITICALLY NEEDED FUNDS FOR REPAIRS AND CREATING NEW AFFORDABLE HOUSING

May 17, 2017, NEW YORK, NY – Today, the New York City Housing Authority (NYCHA), the New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC) announced Fetner Properties as the developer for the first NextGeneration (NextGen) Neighborhoods site, which is on the grounds of Holmes Towers in Manhattan. Fetner was chosen in part due to its commitment to community-focused features in its proposal, including new playgrounds and open space and a new recreational and community center for local residents. This mixed-income development will be the first of its kind as a part of NYCHA’s NextGen plan to raise critical revenue necessary to keep the Authority’s buildings standing and residents in their homes... Read More

HPD AND HDC JOIN HARLEM DOWLING, THE CHILDREN’S VILLAGE, ALEMBIC COMMUNITY DEVELOPMENT AND PARTNERS TO CELEBRATE THE COMPLETION OF HARLEM DOWLING, A NEW AFFORDABLE HOUSING DEVELOPMENT

May 15, 2017, NEW YORK, NY – New York City Housing Development Corporation (HDC) President Eric Enderlin joined New York City Department of Housing Preservation and Development (HPD) Deputy Commissioner for Development Molly Park, the leaders of Harlem Dowling - West Side Center for Children and Family Services (Harlem Dowling), The Children’s Village, Alembic Community Development, and partners for a ribbon-cutting ceremony to celebrate completion of construction of a new affordable housing and community facility development located at 2139 Adam Clayton Powell Jr. Boulevard in Central Harlem...  Read More

CITY AND FEDERAL OFFICIALS JOIN HUDSON VALLEY PROPERTY GROUP, PHOENIX REALTY GROUP AND BELVERON PARTNERS TO CELEBRATE THE PRESERVATION OF 613 UNITS OF AFFORDABLE HOUSING IN THE BRONX

May 12, 2017, NEW YORK, NY – NYC Housing Development Corporation (HDC), NYC Department of Housing Preservation and Development (HPD), and US Department of Housing and Urban Development (HUD) officials joined the leaders of Hudson Valley Property Group, Phoenix Reality Group, and project partners at a ribbon cutting ceremony to celebrate the completion of a combined $15.3 million rehabilitation of 613 units of affordable housing across three HPD-supervised Mitchell-Lama buildings in the Belmont neighborhood of the Bronx...  Read More

HPD ANNOUNCES NEW TARGETS FOR HOUSING NEW YORK PLAN TO ACHIEVE DEEPER AFFORDABILITY

May 11, 2017, NEW YORK, NY – New York City Department of Housing Preservation and Development Commissioner Maria Torres-Springer announces new targets to achieve deeper affordability in Housing New York, Mayor Bill de Blasio’s ten-year plan to create and preserve 200,000 affordable homes. Following the Mayor's commitment in January to provide an additional $1.9 billion in City capital to provide deeper affordability, the new targets will result in a 31 percent increase in the number of homes that will be built or preserved for New Yorkers making less than $25,000 a year for a family of three, and an increase of 21 percent for families making less than $41,000 a year...  Read More

CITY AND STATE AFFORDABLE HOUSING AGENCIES ALIGN UNDER NEW HOLISTIC AND SUSTAINABLE APPROACH TO EVALUATING BUILDING NEEDS AND OPPORTUNITIES

May 10, 2017, NEW YORK, NY – The New York City Department of Housing Preservation and Development (HPD), along with city and state partners today launched a new assessment tool to better evaluate the physical, energy, and health opportunities of multifamily properties throughout New York City and New York State. The new tool, called the Integrated Physical Needs Assessment (IPNA), will be used by HPD, the New York City Housing Development Corporation (HDC), and the New York State Homes and Community Renewal (HCR) for projects receiving City and State financing to rehabilitate their buildings...  Read More

HPD, HDC, ALEMBIC, SUS AND PARTNERS ANNOUNCE THE COMPLETION OF 134-UNIT NEW SUPPORTIVE HOUSING DEVELOPMENT IN OCEAN HILL, BROOKLYN

May 8, 2017, Brooklyn, N.Y. – The New York City Department of Housing Preservation and Development (HPD) and New York City Housing Development Corporation (HDC) joined Alembic Community Development, Services for the UnderServed (SUS), and project partners to celebrate the opening of Henry Apartments, a two-building, 134-unit supportive housing development in the Ocean Hill neighborhood of Brooklyn. Of the total 134 units of affordable housing, 78 units are set aside for formerly homeless families and individuals. ... Read More

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2015 Annual Report
 

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Foundation for a Brighter Future.  HDC’s 2015 Annual Report explores the many forward-looking programs and initiatives we have launched to meet the goals of Mayor Bill de Blasio’s ambitious Housing New York Plan.  Our report highlights HDC’s comprehensive approach to addressing the City’s affordable housing crisis, including our work to:  foster thriving, diverse, and sustainable neighborhoods; finance innovative new construction for New Yorkers at a mix of incomes; lock-in affordability through aggressive preservation of the City’s existing affordable housing stock; and protect our most vulnerable residents through innovative supportive housing developments.  HDC is leveraging an array of traditional financing tools, and inventing new ones to lay the foundation for a brighter future for a more affordable New York City. View the 2015 Annual Report

 

 

 

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Below is a list of HDC-financed developments that are currently accepting applications for available apartments. Click here to download a map of open lotteries