Housing Partnership Development Corporation
New Foundations and Cornerstone
The Housing Partnership participates in HPD's New Foundations and Cornerstone Programs as part of the Mayor's New Housing Marketplace Plan. Under New Foundations, developers build one- to four-family homes or cooperatives and condominiums on city-owned land for moderate- to middle-income families. The Cornerstone Program creates new middle-income and market-rate multi-family housing on vacant city-owned land.