The New Foundations Program was a streamlined homeownership program from the New York City Department of Housing Preservation and Development (HPD) to develop infill sites in neighborhoods that lacked home ownership opportunities and to encourage small developers and contractors to create affordable housing. It was a mixed-income program that sought to maximize homeowner affordability and income diversity. At least one third of the units in each project were affordable to households earning up to 80 percent of Area Median Income (AMI). Greater consideration was given to projects that included additional tiers of affordability for households earning between 80 percent and 100 percent and between 100 and 130 percent of AMI. Under the program, sponsors purchased city-owned land and constructed one- to four-family homes, cooperatives, or condominiums to provide as many affordable units as financially feasible for low-, moderate-, and middle-income purchasers. The program was formerly known as Small Homes Scattered Sites Loan Program.