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Directory of NYC Housing Programs

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Neighborhood Builders Program

Program (?) Neighborhood Builders Program
Alternative Name(s) Emergency Repair Loans; Revolving Loan Fund Core Loans; Home Improvement Loans; Small Home Loans
Abbreviation NHS Home Repair Loans
Program Description

Neighborhood Builders Program was an offshoot of the New Homes Program. It had the same type of new construction requirements: one- to three-family homes, cooperatives and condominiums. Under the program, HPD provided small, locally-based enterprises with assistance to develop the capacity to complete housing development projects. Depending on the builder’s requirements, the New York City Housing Partnership (now the Housing Partnership Development Corporation) also provided financial, marketing, cost estimating, legal and/or other support services. Seed loans for pre-development costs were also made available.

Related Programs HIP Options Loans
Benefit Classification (?)  
Supply or Demand Supply
One-Time or Ongoing One-Time
Benefit Type (?) Other
Government Agency (?) NYC Dept of Housing Preservation and Development
Program Information (?)  
Scale Small Scale (between 1 and 999 units produced)
Timeframe 1984-2007
Developer/Owners (?) For-Profit, Government
Property Information (?)  
Property Occupancy Vacant
Property Type Land, City-Owned
Building Type One- to Four-family
Construction Type New Construction
Occupant Tenure (?) Homeownership
Occupant Income Restrictions (?) No Restrictions
More Information NYC HPD
Available on CoreData.nyc? No

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