HPD is committed to promoting the participation of Minority- and Women-owned Business Enterprises (M/WBE) and non-profit organizations in the development and management of affordable housing subsidized under City-sponsored programs. Through the Building Opportunity Initiative, HPD seeks to:
Through these efforts HPD hopes to address demonstrated disparities in M/WBE participation in affordable housing development, strengthen the affordable housing development industry, and further its mission of providing safe and affordable housing to all New Yorkers.
HPD is hosting the Building Capacity Course for M/WBE developers (companies) and non-program developers (organizations) seeking networking opportunities and exposure to best practices in affordable housing development. Participants will have the opportunity to learn effective business planning, financial management, and strategies for winning and managing New York City government-supported projects.
To address the disparity in M/WBE developer participation, HPD championed state legislation that now permits the agency to take additional steps to encourage M/WBEs' participation in the affordable housing development market. The legislation enabled the creation of a competitive Pre-Qualified List (PQL) of M/WBE developers and a dedicated pipeline of City-owned sites that was competitively solicited through the M/WBE Building Opportunity RFP.
Through HPD's M/WBE Build Up program, projects that are subsidized by the agency will be required to use M/WBEs on the project. The program expects to increase the use of M/WBE contractors, including professional service providers, on development projects. In addition, as required by local law, HPD also requires the use of M/WBEs on certain procurement projects.
Contact any one of the following community organizations that have received funding through the City Council for personalized guidance on government contracting for potential or City-certified M/WBEs, assistance in connecting entrepreneurs to potential customers, aid in the development of bids and proposals, assistance in securing project financing and bonding, and the promotion and marketing of the City's M/WBE Program:
HPD Build-Out is a networking and contractor seminar series in partnership with the NYC Department of Small Business Services. Visit the HPD Build-Out page for more information and upcoming events.