On March 15, 2022, the Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC), and members of the development team cut the ribbon for the first building of the Linden Terrace project. The Linden Terrace project will bring 548 new affordable homes spread across three buildings. The celebration marked the opening and first lease up of 2858 Linden Boulevard, the first building, and the groundbreaking of the second and third … <Read More>

The program offers up to a $100,000 forgivable loan to cover down portions of down payments or closing costs. On October 4, 2021, the Department of Housing Preservation and Development announced the first expansion of its “HomeFirst” Down Payment Assistance Program. The “HomeFirst” Program offers financial assistance in the form of a forgivable loan for first-time homebuyers in purchasing a home in New York City by helping cover portions of down payments or closing costs.

The HomeFix project helps to provide affordable financing and loans in order to help family homeowners make necessary repairs. On May 10, 2021, the New York City Department of Housing Preservation and Development announced the first rehabilitation project completed by the HomeFix project. The HomeFix project is a program that provides affordable financing for essential home repairs in small family-owned properties located across New York City.