Development Process

Developer: the Bluestone Organization; Architect: Curtis + Ginsberg Architects; Rendering: Global Design Strategies

HPD works together with a variety of public and private partners to achieve the City's affordable housing goals of supporting New Yorkers with a range of incomes, from the very lowest to those in the middle class. HPD accomplishes these goals through a combination of loan programs, tax incentives, disposition of City-owned land, tax credits, and other development incentives.

Both for-profit and non-for-profit developers can explore a wide range of opportunities to build or preserve affordable rental and homeownership units on publicly-owned or private sites. Consult our RFEI/RFP/RFQ pages to learn more about public site opportunities.

During the planning, design, and construction phases of development, HPD works with developers to ensure that projects are designed and built in keeping with the agency's standards for quality construction, environmental sustainability, and cost containment. In the case of City-owned sites awarded to developers through HPD's RFP process, the agency also secures public land use approval for site development prior to disposition.

Developers can use these pages to learn more about HPD's requirements, services, and forms that apply to the development process.

Those who are new to the development process and/or are seeking assistance evaluating real estate development opportunities may consult our Pre-Qualified List (PQL) or Owner's Representatives to seek an NYC-based firm with prior experience working with HPD and HDC.

Building owners that are interested in selling property to an organization that will preserve affordability, please refer to the HPD list of Qualified Preservation Buyers.

For additional financing opportunities, see the New York City Housing Development Corporation (NYC HDC).