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NYC Department of Housing Preservation & Development
Apartment Seekers

Rehabilitation of Affordable Apartments

The New York City Housing Development Corporation (HDC) has a variety of programs that finance the development of low-, middle-, and mixed-income apartments. For more information, visit the HDC Web site.

  • Neighborhood Entrepreneurs Program: NEP is an award-winning program that enables neighborhood-based private property managers to manage and subsequently own clusters of occupied and vacant City-owned buildings.
  • Neighborhood Redevelopment Program: NRP conveys clusters of occupied and nearby vacant City-owned buildings to selected community based not-for-profit organizations for rehabilitation and operation as rental housing.



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