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Directory of NYC Housing Programs

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Capital Budget Homeless Housing Program

Program (?) Capital Budget Homeless Housing Program
Abbreviation CBHHP
Program Description

The Capital Budget Homeless Housing Program (CBHHP) supported the conversion of city-owned buildings into housing for homeless individuals and families requiring support services. Funding came from the New York City capital budget. Foreclosed city-owned properties were transferred to qualified non-profits at a cost of $1, who then developed the properties as supportive housing assisted in part by low-interest construction loans or grants from HPD. Tenant rent revenue was used to pay for building maintenance and staff, while separate government programs paid for other operations.

Benefit Classification (?)  
Supply or Demand Supply
One-Time or Ongoing One-Time
Benefit Type (?) Financing, Grant, Property
Government Agency (?) NYC Dept of Housing Preservation and Development
Program Information (?)  
Scale Small Scale (between 1 and 999 units produced)
Timeframe 1986-1990
Developer/Owners (?) Non-Profit, Government
Property Information (?)  
Property Occupancy Vacant
Property Type Building, City-Owned
Building Type Multi-family
Construction Type Rehabilitation, Non-Residential Conversion
Occupant Tenure (?) Rental
Occupant Income Restrictions (?) Extremely Low-Income
Other Targeting Information (?) Supportive housing for homeless people
More Information NYC OMB
NY Times
Available on CoreData.nyc? No

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