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Directory of NYC Housing Programs

Homeownership and Opportunity for People Everywhere III (HOPE III)

HOPE III provided planning and implementation grants for homeownership programs in certain single-family projects to a cooperative association, public or private non-profit organization, or a public agency in cooperation with a private non-profit organization. Eligible households under the HOPE III program were first time homebuyers whose incomes could not exceed 80 percent of Area Median Income (AMI).

Program Information Help Icon

  • Supply/Demand: Supply
  • Category: Homeownership, Housing Stability, and Quality
  • Scale: Small Scale (between 1 and 999 units)
  • Timeframe: 1995 - 1995
  • Occupancy tenure: Homeownership
  • Construction Type: Rehabilitation
  • Building Type: Single-family
  • Developers/Owners: Non-profit, Government
  • Income Restrictions: Annual Income of up to 80 percent of AMI
  • Special Populations: First-time Homebuyers

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