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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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HDC AND HPD JOIN OMNI NY, BANK OF AMERICA, AND PARTNERS TO CELEBRATE THE COMPLETION OF A NEW 176-UNIT AFFORDABLE HOUSING DEVELOPMENT IN THE BRONX

February 17, 2017, New York, NY – New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer and New York City Housing Development Corporation (HDC) President Eric Enderlin join Omni New York, Bank of America and other project partners to announce the completion of 655 Morris Avenue, a new construction affordable housing development in the Melrose neighborhood of the Bronx... Read More

HPD COMMISSIONER TORRES-SPRINGER AND HDC PRESIDENT ENDERLIN ANNOUNCE HOUSING LOTTERY FOR 227 AFFORDABLE APARTMENTS IN THE BRONX NOW OPEN FOR APPLICATIONS

February 15, 2017, New York, NY – The New York City Department of Housing Preservation and Development Commissioner Maria Torres-Springer and New York City Housing Development Corporation President Eric Enderlin today announced the opening of the Housing Connect lottery for 227 affordable apartments at Park House, located at 4275 Park Avenue in the Bathgate/East Tremont neighborhood of the Bronx... Read More

CITY OFFICIALS JOIN FOXY MANAGEMENT, HEBREW HOME AT RIVERDALE, ALEMBIC COMMUNITY DEVELOPMENT AND OTHER PROJECT PARTNERS TO CELEBRATE THE START OF CONSTRUCTION ON 168 NEW AFFORDABLE SENIOR HOUSING APARTMENTS

February 10, 2017, NEW YORK CITY– New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer, New York City Housing Development Corporation (HDC) President Eric Enderlin, and New York City Council Member Rafael Salamanca today joined Foxy Management, Hebrew Home at Riverdale, Alembic Community Development, and other project partners to celebrate the start of construction of 168 units of affordable senior housing at 1880 Boston Road in the West Farms neighborhood of the Bronx. This project is one of the first to benefit from the city’s Zoning for Quality and Affordability (ZQA) amendment and the first to trigger the Affordable Independent Residences for Seniors (AIRS) provision... Read More

STATE OF THE CITY: MAYOR DE BLASIO ROLLS OUT NEW AFFORDABLE HOUSING INITIATIVES FOR SENIORS, VETERANS AND FAMILIES MOST IN NEED

February 10, 2017, NEW YORK CITY– Mayor Bill de Blasio today announced as part of his upcoming State of the City address two major initiatives to help seniors, veterans and other low-income families afford rent in New York City. The first will increase by 10,000 the number of apartments in Housing New York serving households earning less than $40,000—5,000 of which will be dedicated to seniors and 500 for veterans. The second is a new Elder Rent Assistance program to be funded by the City’s proposed Mansion Tax, in Albany, that will serve more than 25,000 seniors with monthly rental assistance of up to $1,300.... Read More

HPD AND HDC ANNOUNCE 655 AFFORDABLE APARTMENTS TO BE BUILT IN A NEW 100% AFFORDABLE PASSIVE HOUSE DEVELOPMENT IN EAST HARLEM

February 7, 2017, NEW YORK CITY– New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer and Housing Development Corporation (HDC) President Eric Enderlin announce the designation of the SustaiNYC, East 111th Street development site to a development team led by Jonathan Rose Companies and including L+M Development Partners and several community partners. The selected development proposal will become the largest passive house in the nation. It will be a mixed-use, highly sustainable development constructed in three phases that will bring 655 affordable apartments to the East Harlem community... Read More

‘HOUSING NEW YORK: THREE YEARS OF PROGRESS’: CITY RELEASES NEW REPORT DESCRIBING THE POLICIES AND PROGRAMS ADVANCING THE GOALS OF THE MAYOR’S HOUSING PLAN

January 19, 2017, NEW YORK, NY - New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been and New York City Housing Development Corporation (HDC) President Eric Enderlin today announced the release of Housing New York: Three Years of Progress, describing the inroads made towards the goals of the Mayor’s housing plan. The new report comes on the heels of the Mayor’s announcement last week that his Administration financed more affordable housing in 2016 than in any time in the past 25 years. Three years in, thoughtful reforms to policy and new programs have resulted in the financing of a record-breaking 62,506 affordable residences towards the ten-year 200,000 goal... 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