• Agency: NYC Department of Housing Preservation and Development (NYC HPD)
• Status: Projects Under Regulation

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 NYC Department of Housing Preservation and Development (HPD). Tenant rent revenue was used to pay for building maintenance and staff, while separate government programs paid for other operations.