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Directory of New York City Affordable Housing Programs

Program (?) Special Initiatives Program
Abbreviation SIP
Benefit Classification (?)  
Supply or Demand Supply
One-Time or Ongoing One-Time
Benefit Type (?) Property
Government Agency (?) NYC Dept of Housing Preservation and Development,
Program Information (?)  
Scale Medium Scale (between 1,000 and 4,999 units produced)
Timeframe 1986-1993
Developer/Owners (?) Non-Profit, Government
Property Information (?)  
Property Occupancy Vacant
Property Type Land, Building, City-Owned
Building Type Multi-family
Construction Type Rehabilitation
Occupant Tenure (?) Rental
Occupant Income Restrictions (?) Extremely Low-Income, Low-Income, Moderate-Income
Other Targeting Information (?) Set aside for homeless units
More Information West Harlem Group Assistance, Inc.

The Special Initiatives Program (SIP) was a turnkey program to develop vacant city-owned property where either HPD or the New York City Housing Authority (NYCHA) supervised private contractors during construction, and then conveyed ownership of all newly-constructed or rehabilitated buildings to qualified non-profit sponsors. Originally, 100 percent of the units were reserved for homeless residents, but HPD later modified the program to require a mix of 60 percent homeless, 20 percent low-income, and 20 percent moderate-income households. The formerly homeless population was eligible for Section 8 vouchers, and the rent revenue from Section 8 residents not only covered building maintenance costs, but also provided a revenue stream which allowed non-profit sponsors to make social services available to the residents.

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