Affordable Housing Development and Preservation Financing

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Lease or Buy City Property for buying City-owned vacant lots and commercial buildings

The Department of Housing Preservation and Development (HPD) offers developers a range of low-cost financing options for the new construction, to facilitate the physical and financial sustainability and affordability of privately-owned multifamily and owner-occupied buildings, and for the rehabilitation of former publicly-owned buildings of varying sizes.

Email mfnc@hpd.nyc.gov for more information about new construction financing.

Email hpdpres@hpd.nyc.gov for more information about preservation financing.

Learn more about HPD development financing programs.

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