Do you want to build new affordable rental housing? HPD offers a range of low-cost financing options for new construction on privately- and publicly-owned land:
HPD administers multiple financing programs to facilitate the physical and financial sustainability and affordability of privately-owned multifamily and owner-occupied buildings, and to rehabilitate formerly publicly-owned buildings of varying sizes.
Public Site Financing:
Private Site Financing (1-4 unit buildings):
Private Site Financing (multifamily buildings):
For general inquiries about multifamily private-site preservation finance opportunities, contact firstname.lastname@example.org.
Tax Exemption Programs:
New York City Housing Development Corporation: