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Homeownership, Housing Stability, and QualityThrough the Asset Control Area (ACA) program, HUD-owned single family properties located in a Revitalization Area are eligible for discounted sale. Foreclosed properties conveyed back to the Federal Housing...
The Asset Sales Program allows the Department of Housing Preservation and Development to sell city-owned residential and commercial properties that are not appropriate for its affordable housing programs in...
The NYC Mayor's Office of Housing Recovery Operations (HRO) launched Build It Back to help repair, rebuild, and elevate waterfront homes in the wake of Hurricane Sandy. Funded by the US Department of Housing...
Local Law 1 2018 (effective as of September 28, 2018) establishes a three-year pilot program which requires owners of certain buildings to obtain a Certification of No Harassment (CONH) prior to acquiring permits...
When residential owners do not correct emergency violations, New York City Department of Housing Preservation and Development (HPD) may take action to correct the conditions through the Emergency Repair Program...
The Home Equity Conversion Mortgages for Seniors (HECM) is the Federal Housing Administration’s (FHA) reverse mortgage program that enables to withdraw a portion of one’s’ home equity and is the...
HomeFix is a new program to help low- and moderate-income homeowners in one- to four-family properties fund home repairs. One of the initiatives first laid out in the De Blasio Administration’s Housing New York...
This program provided planning and implementation grants for homeownership programs to public housing authorities, resident management corporations, resident councils, non-profit organizations, housing cooperatives,...
HOPE II provided planning and implementation grants to public housing authorities, resident management corporations, resident councils, cooperative associations, public or private non-profit organizations, mutual...
HOPE III provided planning and implementation grants for homeownership programs in certain single-family projects to a cooperative association, public or private non-profit organization, or a public agency in...
The U.S. Department of Housing and Urban Development’s (HUD) Housing Counseling Program program provides counseling to consumers on seeking, financing, maintaining, renting, or owning a home. The Housing...
The NYC Department of Housing Preservation and Development (HPD) produces shareholder-owned Housing Development Fund Corporation (HDFC) cooperatives, making them a significant part of the fabric of New York...
The J-51 Tax Incentive program is an as-of-right tax exemption and abatement for residential rehabilitation or conversion to multi-family housing. Eligible projects for this program include: New York City Department...
The Major Capital Improvement (MCI) program provides incentives for landlords to improve rent-regulated property conditions by allowing an increase in rents for rent-stabilized or rent-controlled units based on...
The New York State Mortgage Assistance Program (NYS-MAP) provides a zero-percent interest mortgage loan up to $80,000 to eligible New York homeowners at risk of foreclosure. The NYS-MAP is administered by the Center...
The Mutual Housing Association of New York program (MHANY) began as a response to squatters that occupied vacant, city-owned sites in the East New York neighborhood of Brooklyn. New York City’s Department of...
Neighborhood Builders Program was an offshoot of the Partnerships New Homes Program. It had the same type of new construction requirements: one- to three-family homes, cooperatives, and condominiums. Under the...
The Neighborhood Preservation Consultants (NPC) program provides nearly $2 million in federal funds over a period of three years to nineteen local community-based organizations working on a variety of housing...
The Department of Housing Preservation and Development launched the Overleveraged Properties Initiative (OPI) in 2010 as a way to identify and monitor multifamily properties showing signs of...
The Owner Services Program (OPS), a program of the New York City Department of Housing Preservation and Development (HPD), assisted owners whose buildings were at risk of abandonment because of physical or financial...
The rent control program generally applies to residential buildings constructed before February 1947 in municipalities that have not declared an end to the postwar rental housing emergency that emerged after World...
The term “rent regulation” can mean any program that regulates the amount of rent the landlord may charge for an apartment. In New York City, the term is generally used to refer to a...
In New York City, rent stabilized apartments are those apartments in buildings containing six or more units built between February 1, 1947 and January 1, 1974. Tenants in buildings of six or more units built before...
The Tenant Interim Lease (TIL) program provides renters that live in City-owned buildings the opportunity to own those units as a cooperative. Existing tenants of buildings that participate in the program are...
The Urban Initiatives (UI) program provided financial and technical resources to New York communities for the restoration and improvement of housing, commercial areas, and public community facilities in urban...
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