HPD, HDC, HCR Celebrate Groundbreaking for Stevenson Square Project to Bring 1000 Affordable Units to the Bronx

On March 1, 2024, the New York City Department of Housing Prevention and Development (HPD), New York City Housing Development Corporation (HDC), and the New York State Division of Housing and Community Renewal (HCR) celebrated the groundbreaking for Stevenson Square in the Soundview section of The Bronx. The $1 billion construction project, in conjunction with Camber Property Group, will build affordable homes in furtherance of the ‘Housing Our Neighbors Blueprint’ initiative.


COMMENTARY: Creating Social Housing in the Sky

By Assemblymember Harvey Epstein and Senator Cordell Cleare

The next innovation in the pursuit of permanently affordable housing for New Yorkers can be found amongst the glistening luxury high-rise condominiums. These high-rise condominium complexes will also include the next wave of cooperatively-owned and community-controlled affordable homeownership opportunities in New York City — social housing in the sky — if our bill, the recently updated Martin Act amendment (S3566A/A6921A), becomes law.


HPD Launches HomeFix 2.0, Searching for Partners

On October 24, 2023, the Department of Housing Preservation and Development (HPD) announced that they are in search of a partner organization to expand their program, HomeFix, geared towards helping low to moderate income homeowners repair their properties. The repairs covered by the program include upgrades and improvements to protect homes from extreme weather and flooding. Interested parties are asked to submit proposals with ideas for the program that are in line with Mayor Eric … <Read More>



Milestone Reached in City’s Zombie Home Initiative

On September 30, 2022, the New York City Department of Housing Preservation and Development (HPD) and the New York City Law Department announced that the City’s Zombie Homes Initiative reached a significant milestone: the Initiative has officially recouped over $1 million in penalties from mortgage holders of vacant properties who failed to comply with New York State’s Zombie Property and Foreclosure Prevention Act of 2016, commonly referred to as the “Zombie Law.”


HPD Celebrates Opening of New Affordable Building with 275 Units in East New York

The building includes a community center with a variety of programs to promote economic growth and youth development. On October 4, 2022, the Department of Housing Preservation and Development (HPD) joined other city agencies, MHANY Management, Urban Builders Collaborative and Cypress Hills Local Development Corporation to celebrate the opening of Chestnut Commons Apartments in East New York, Brooklyn. Chestnut Commons Apartments, located at 110 Dinsmore Place, is a new 275-permanently affordable unit building.