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Directory of NYC Housing Programs

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Mixed Income Rental Program

Program (?) Mixed Income Rental Program
Abbreviation MIRP
Program Description

The Mixed Income Rental Program provides subsidies to rental housing affordable to households earning up to 60 percent of AMI. Twenty percent of the units must either serve formerly homeless households or households with up to 40 percent of AMI. HPD may provide a subsidy of up to $50,000 per unit for non-prevailing wage projects, and $60,000 per unit for prevailing wage projects. These subsidies are provided in addition to construction and permanent financing from sources that include private institutional lenders, the HDC LAMP Program, and four-percent or nine-percent Low-Income Housing Tax Credits. After construction, projects may also qualify for 421-a or 420-c tax benefits.

Benefit Classification (?)  
Supply or Demand Supply
One-Time or Ongoing One-Time
Benefit Type (?) Grant
Government Agency (?) NYC Dept of Housing Preservation and Development
Program Information (?)  
Scale Medium Scale (between 1,000 and 4,999 units produced)
Timeframe 1995-Present
Developer/Owners (?) For-Profit, Non-Profit
Property Information (?)  
Property Occupancy Vacant
Property Type Land
Building Type Multi-family
Construction Type New Construction
Occupant Tenure (?) Rental
Occupant Income Restrictions (?) Very Low-Income
Other Targeting Information (?)

Formerly homeless households

More Information NYC HPC
Available on CoreData.nyc? Yes
Last Updated December 2016
Data Source New York City Department of Housing Preservation and Development
CoreData.nyc Notes

Data from New York City Department of Housing Preservation and Development accessed November 2016.

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