Housing+

In partnership with the owners of current HUD-assisted properties, Mitchell-Lamas, and developments financed through past City disposition programs, the City is launching Housing+, an initiative designed to add new housing on underutilized land while addressing the rehabilitation and financing needs of existing developments. Through the enactment of Zoning for Quality and Affordability (ZQA), which opened up opportunities to build new senior and affordable housing on existing underused parking lots, and by unlocking potential on other regulated affordable housing sites, the City can work with owners to create hundreds of new affordable housing residences. 

Housing+ is an initiative targeted to owners of regulated housing (i.e. HUD Assisted or Mitchell-Lama) to create new affordable housing on excess or underutilized land while addressing the rehabilitation and financing needs of existing regulated developments.

Program Information

• Scale: Medium Scale (between 1,000 and 4,999 units)
• Timeframe: 2020 - present
• Occupancy Tenure: Rental
• Construction Type: New Construction, Rehabilitation
• Building Type: Multi-family
• Developer/Owners: Government
• Geographic Restrictions: New York City
• Income: Restrictions Vary
• Special Populations: Seniors

More Resources

Related Programs: Extremely Low- & Low-income Affordability, Mixed Income Program: Mix & Match, Mixed Middle Income Program, Neighborhood Construction Program, Open Door, Senior Affordable Rental Apartments, Supportive Housing Loan Program, Multifamily Preservation Program (State), Low-Income Housing Tax Credit Preservation Program, Mitchell-Lama Reinvestment Program