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Directory of NYC Housing Programs

Multifamily Water Assistance Program for Affordable Housing

The Multifamily Water Assistance Program for Affordable Housing is offered by the New York City Department of Environmental Protection (DEP), in conjunction with the New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC). This program provides a water and sewer credit for eligible HPD- or HDC-assisted affordable multi-family housing projects. Eligible projects can receive a $250 credit per residential unit on their calendar year 2019 water and sewer bill(s). Projects will be prioritized by lowest to highest collectable rent affordable to households earning no more than 60 percent of Area Median Income (AMI), as enrollment is limited. The project can have income limits higher than 60 percent of AMI as long as the average collected rent is affordable to those earning up to 60 percent of AMI. All buildings must demonstrate efficient water usage either through compliance with the Multifamily Conservation Program (MCP) or as evidenced by paying a metered water rate. Buildings that take the necessary steps to become compliant with the MCP conservation measures before the application deadline may apply.

Program Information Help Icon

  • Supply/Demand: Supply
  • Category: Land and Financing
  • Scale: Small Scale (between 1 and 999 units)
  • Timeframe: 2017 - 2018
  • Occupancy tenure: Rental
  • Building Type: Multi-family
  • Developers/Owners: Non-profit, For-profit
  • Income Restrictions: Units must be affordable, on average, to households with an annual income of up to 60 percent of Area Median Income (AMI).

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