LETTER FROM THE PRESIDENT & CEO
The Housing Partnership Entered 2023 With Strong Momentum From 2022 Accomplishments
Dear Friends and Partners,
Since its founding in 1983, the Housing Partnership has worked hard to increase the supply of affordable housing, consistent with our mission to expand housing opportunities in the region.
We have always closely mirrored the affordable housing strategies of the City and State of New York. In the 1980s era of “urban flight,” when New York City had tens of thousands of surplus properties available for development, the Partnership worked diligently, leading public-private partnerships to use these sites to develop affordable rental and for-sale housing. The success of those historic Partnership efforts is now evident in the form of economically robust and socially vibrant neighborhoods with tangible population growth. The prosperity that New York enjoys today would not have been possible without the sustained work of the Housing Partnership.
With new times, however, come new challenges. 2022 saw New York facing a worsening crisis of housing affordability, with demand for affordable housing even further outstripping the supply. New York also is not exempt from the impact of inflation on the costs of housing construction labor and materials as well as the increased interest rates and supply chain disruptions that make it harder to build and preserve affordable housing…
Rendering of Marcus Garvey Plaza. Source: Carthage Advisors
Noteworthy Affordable Housing Projects in Harlem and Jamaica, Queens, Developed by Public-Private Partnerships Led by the Housing Partnership
The noteworthy affordable housing projects developed in 2022 by public-private partnerships led by the Housing Partnership include Marcus Garvey Plaza in Harlem and the T Building Apartments in Jamaica, Queens.
Locust Hill Workforce Housing Community, Rhinebeck, NY. Source: The Kearney Group.
Housing Partnership Leads Public Private Partnership Developing Workforce Housing in Town of Rhinebeck, Dutchess County, NY
The Housing Partnership is leading a public private partnership developing an 80-unit workforce housing community in the Town of Rhinebeck in Dutchess County, New York.
HP Sustainability Solutions’ Growing Role Serving Property Owners in the Decarbonization of Multifamily Affordable Portfolios
2022 was a year of significant growth for HP Sustainability Solutions (HPSS) working directly with the affordable housing community finding effective and equitable decarbonization solutions for low and middle income housing.
Save the Dates: Housing Partnership 2023 Special Events
Housing Partnership In the News
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