What Is Affordable Housing Preservation?

Preserving affordable housing means making sure homes that are affordable now, stay affordable into the future. And in the midst of a housing crisis that is pricing New Yorkers out of their neighborhoods, it's one of our best tools to keep people in their homes. Preservation has always been at the heart of HPD's work and is the cornerstone of the Mayor's Housing New York plan. Our efforts to preserve affordable housing include working with non-profits to acquire buildings and maintain affordability, providing tax exemptions and homeowner repair loans, energy-efficiency updates, and more. Learn more about HPD's Preservation programs.