City Announces Start of Construction for 103 Affordable Unit Development in Mount Hope

The $55 million mixed-use development in Mount Hope will house 103 low-income and formerly homeless New Yorkers. On July 20, 2022, NYC Mayor Eric Adams and New York Governor Kathy Hochul announced the beginning of construction on an affordable housing development in Mount Hope, Bronx. The new building will be adjacent to the existing Mount Hope Community Center on Walton Avenue.


HPD Releases Initial Results of 2021 Housing and Vacancy Survey

On May 17, 2022, the Department of Housing Preservation and Development (HPD) released some initial results of the 2021 New York City Housing and Vacancy Survey. The survey is the official source of the city’s net rental vacancy rate, which is used to determine the continued need for rent stabilization. From its start in 1965, the survey is the longest running housing survey in the United States. 


HPD Expands “HomeFirst” Down Payment Assistance Program

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.


HPD Announces Settlement with Building Owner to Fix Lead Paint Violations at Four Buildings in the Bronx and Queens

The four impacted buildings have over 200 households. On August 19, 2021, the Department of Housing Preservation and Development announced a settlement agreement with a building owner for the correction of lead-based paint violations across four buildings in the Bronx and Queens. The four buildings are 1585 White Plains Road and 58 East 190th Street in the Bronx, and 90-60 179th Place and 150-02 88th Avenue in Queens. The building owner, Ved Parkash, will be <Read More>


HPD Selects Development Partners for Affordable Senior Housing in Astoria

The development is next to a subway station and local retail and grocery stores. On January 13, 2021, the New York City Department of Housing Preservation and Development announced the development team for an affordable senior housing development at 31-07 31st Street in Astoria, Queens. The development will be mixed-use, with 100 percent affordable housing for seniors, a community center and commercial space. The site is currently a city-owned parking lot for the Department of <Read More>


HPD Seeks Enhanced Enforcement Against City’s Worst Buildings

HPD picked 250 buildings with over 41,000 violations for enhanced enforcement. In 2019, the New York City Department of Housing Preservation and Development (HPD) launched the Anti-Harassment Unit (AHU) to keep tenants safe and to hold owners and landlords accountable for leaving homes in disrepair. On March 4, 2020, HPD announced that the AHU filed actions for nearly $400,000 against two building owners in court. Each building owner operates three buildings in Manhattan and the … <Read More>