The New York City Department of
Housing Preservation and Development (HPD) is the largest municipal
developer of affordable housing in the nation. Since 1987, HPD has
provided over $6.3 billion to support the repair, rehabilitation and
new construction of hundreds of thousands of units of housing. Over
the next five years, HPD plans to spend $3 billion in continued
support of housing preservation and community development
activities.
HPD protects the existing housing stock and expands housing
options for New Yorkers as it strives to improve the availability,
affordability, and quality of housing in New York City. HPD has made
a decisive shift away from City ownership of properties and has
developed innovative community revitalization initiatives that
promote private investment and productive public-private
partnerships. HPD works with its governmental, community, non-profit
and for-profit partners to strengthen neighborhoods, increase the
availability of well-maintained, affordable housing and enable more
New Yorkers to become homeowners.
Today, in great part due to the work of HPD, the vacant and
boarded-up buildings that were once a blight on many of the City's
neighborhoods have been transformed into safe, affordable homes for
families. Once-abandoned lots now contain new townhouses, parks and
gardens. Communities that were devastated not long ago are now
vibrant, as commercial activity has returned and public safety
initiatives have encouraged parents to allow their children to play
outside. HPD's housing programs have helped to restore and rebuild
housing as well as to improve the quality of life in New York City's
richly diverse communities.
Mission Statement
Using a variety of preservation,
development and enforcement strategies, HPD strives to improve the
availability, affordability and quality of housing in New York City.
As the nation's largest municipal housing agency, HPD works with
private, public and community partners to strengthen neighborhoods
and enable more New Yorkers to become homeowners or to rent
well-maintained, affordable housing.
