NYC Housing Partnership


Winter 2024


The Housing Partnership Enters the Next 40 Years in Creating Affordable Housing Opportunities

Jamie A. Smarr

Jamie A. Smarr, Housing Partnership President & CEO

Dear Friends and Partners,

Last year marked the 40th Anniversary of the Housing Partnership, founded in 1983 as the result of the efforts of two great New Yorkers, David Rockefeller and Mayor Edward Koch. They sought to revitalize New York City’s neighborhoods and create housing affordability in every borough of the city. Now, more than 80,000 affordable housing units and 40 years later, we continue to build upon their civic leadership to bring affordable housing opportunities to New Yorkers.

But as every investment prospectus warns, past results are not indicative of future success. In 2024, New Yorkers are as challenged to find housing affordability as ever. Therefore, to remain true to our mission to serve New Yorkers, the Housing Partnership cannot rest on its accomplishments. It must continue to refine its housing strategies and initiatives to achieve greater success. It must always keep its approaches aligned with the City and the State housing leadership, and it must consistently advocate for public policies that promote efficient and productive public-private partnerships that result in increased affordable housing opportunities. As we develop strategies to shape the Housing Partnership’s future these will be our guiding principles. With such tremendous housing need in New York, the Housing Partnership must be as creative, agile and vigorous about its work as ever.

Housing creates economic opportunity and promotes stable and thriving neighborhoods. The Housing Partnership’s staff continually remind ourselves of the fundamental connections between housing and New York’s future growth and success in everything we do. Please join me in reviewing some of the achievements we recorded in 2023. May the Housing Partnership enjoy another 40 years proudly serving New Yorkers and helping the city to thrive.

Housing Partnership
2023 Achievements



affordable housing projects closed, with over


in total development costs, with


affordable units created or preserved, for approximately


New Yorkers housed in new and preserved affordable housing.



New Yorkers placed in housing where the housing cost will never exceed 35% of their income.


housing units leased or sold across 27 different projects.


New Yorkers served at our first ever Affordable Housing Expo in Midtown.



graduates from the Housing Partnership’s HUD-certified First Time Homebuyers Counseling Program, with


representing Black, Indigenous, and People of Color (BIPOC) households.


leveraged in Down Payment & Closing Costs Assistance Programs for


newly created homeowners.

Rendering of Sherman Creek North Cove in Inwood, Manhattan
Rendering of Sherman Creek North Cove, a 611-unit mixed income/use development in Inwood, Manhattan.

Sherman Creek North Cove: Among the Largest Mixed Income Affordable Rental Communities in Manhattan

The Housing Partnership joined with long time partners Joy Construction and Maddd Equities in the development of Sherman Creek North Cove, one of the largest 100% affordable mixed income rental communities in Manhattan…

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Rendering of 816 Herkimer St. in Bedford-Stuyvesant, Brooklyn
Rendering of 816 Herkimer St. in Bedford-Stuyvesant, Brooklyn.

Rochester Suydam Phase II: 32 Affordable Co-op Units in Bedford Stuyvesant

Smaller housing projects must continue to be an important component of affordable housing development throughout New York. Their positive impact on communities is amplifed by utilizing parcels too small for larger multifamily affordable projects…

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Rooftop solar panels

Community Solar with Fifth Avenue Committee

HP Sustainability Solutions partnered with the Fifth Avenue Committee (FAC) to build off of the success of FAC’s Barrio Solar Program, in which FAC provides grants to low-income single-family homeowners in New York City to close the financing gap and expand solar access into low- income communities…

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Ron Moelis Elected Board Chairman of the Housing Partnership

Ron Moelis HeadshotRon Moelis has been elected Chairman of the Board of Directors of the NYC Housing Partnership. Mr. Moelis is the Chairman and co-founder of L+M Development Partners LLC, a leader in developing affordable, mixed-income and market rate housing…

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Debbra McAllister Joins the Housing Partnership as Vice President

Debbra McAllister HeadshotDebbra McAllister has been named a vice president of the NYC Housing Partnership. She joins the Housing Partnership from the NYC Department of Citywide Administrative Services (NYCDCAS) where she served as Director of Acquisitions…

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HP President & CEO Jamie Smarr (left), with NYC HPD Commissioner Adolfo Carrión, Jr. presents Eric Bluestone (right) of the Bluestone Organization with a Founding Partners award.
HP President & CEO Jamie Smarr (left), with NYC HPD Commissioner Adolfo Carrión, Jr. presents Eric Bluestone (right) of the Bluestone Organization with a Founding Partners award.

Housing Partnership’s 2023 Wine and Jazz Fall Benefit Drew Affordable Housing Community

The Housing Partnership’s 40th Anniversary Wine & Jazz Fall Benefit 2023 at midtown Manhattan’s Refinery Roof Top on November 2 was packed with over 150 participants in New York’s affordable housing community…

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Save the Dates: Housing Partnership 2024 Special Events

Housing Partnership’s 41st Anniversary

Luncheon Celebration

Sparking Innovative Affordable Housing Solutions

Wednesday, October 23, 2024

Gotham Hall
1356 Broadway (at 36th Street)
New York, NY 10018

For details on sponsorship opportunities, please call (646)217-3373 or email

Event details

Housing Partnership’s 2nd Annual

Affordable Housing Expo 2024

Showcasing affordable homeownership and rental housing opportunities

Saturday, June 22, 2024

Free and Open to the Public
The Graduate Center, CUNY
365 5th Avenue (at 34th Street)
New York, NY 10016

For information on reserving exhibit space and sponsorship opportunities, call (646)217-3392 or email

Event details

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