Housing

NYC 15/15 is a supportive housing initaitive announced in November 2015 by Mayor de Blasio, committing the city to developing 15,000 units of supportive housing over the next 15 years.…

An program of the Department of Housing Preservation and Development, the Extremely Low & Low-Income Affordability Programvis an important financing tool because it offers deeper levels of affordability than other…

The Department of Housing Preservation and Development’s Mix & Match program funds the new construction of mixed income multi-family rental projects in which 40%-60% of the units are at low…

The Department of Houing Preservation and Development's Supportive Housing Loan Program makes loans to developers of permanent supportive housing with on-site social services. Projects developed with SHLP funding must provide…

Empire State Supportive Housing Initiative

A federal tax incentive that facilitates financing to develop low-income housing. The program provides dollar-for-dollar credit toward taxes owed by the housing owner. These tax credits can be sold, or…

The "Reso A" program, written into the city charter, allows borough presidents and council members to assign discretionary funds to capital projects to meet local needs.

Project Based Vouchers require tenants to pay 30% of their income towards rent and makes up the difference between that and the market rent. Unlike the regular Section 8 subsidy,…

The Department of Housing Preservation and Development's Participation Loan Program provides low-interest loans and/or tax exemptions to multifamily building owners to facilitate the moderate or substantial rehabilitation and affordability of…

Investors can get tax breaks from the federal government by investing in certain types of less profitable developent, such as affordable housing. The most common tax break program is the…