Update
LETTER FROM THE PRESIDENT & CEO
Reflecting on Achievements and Planning Ahead: The Housing Partnership’s Path Forward
Jamie A. Smarr, Housing Partnership President & CEO
Dear Friends and Partners,
The Housing Partnership has a proud track record of “getting things done” for New Yorkers, true to the founding principles of its creators, David Rockefeller and Mayor Edward Koch.
For example, the Housing Partnership, as part of the economic recovery of New York City in the 1980s and 1990s, used hundreds of vacant and underutilized City-owned parcels to create 35,000 affordable homeownership opportunities, helping to create an entire generation of first time Black and Latino homeowners in New York City. New York City’s neighborhoods have blossomed with housing opportunities since.
In 2024, the Housing Partnership began considering a new strategic plan as it looks to its next 40 years of serving New York. We expect no drastic changes: our core business will continue to create economic opportunities and promoting stable and thriving New York neighborhoods by increasing access to affordable housing.
Yet, a strategic plan necessarily requires us to think about how we will carry out these strategies. The Housing Partnership cannot assume that our existing programs and strategies will continue to produce the same housing results, especially when New Yorkers need affordable housing opportunities more than ever.
A new strategic plan also requires thoughtful engagement and policy collaboration. To that end, we appreciate the help and time that our City and State housing partners, HPD, HDC, NYCHA and DHCR, provided the Housing Partnership during the strategic planning process. The help of our housing partners assures that we will arrive at a strategic plan that is closely aligned with our housing leadership to produce the maximum desirable outcomes.
For now, please join me in reviewing some of the achievements in service to New Yorkers, that we recorded in 2024. ●
Housing Partnership
2025 Achievements
NEW DEVELOPMENTS
15
affordable housing projects closed
$2.3B
in total development costs
6,654
affordable units created or preserved
17,000
New Yorkers housed in new and preserved affordable housing
CREATING OPPORTUNITY
327
New Yorkers placed in housing where the cost will never exceed 35% of their income
454
housing units leased or sold across 27 different projects
700+
New Yorkers served at our second annual Affordable Housing Expo in Midtown Manhattan
HOMEOWNERSHIP COUNSELING
1,411
graduates from the Housing Partnership’s HUD-certified First Time Homebuyers Counseling Program
57%
of program participants fell below 80% of HUD’s NY Statewide Median Income
$3.1M
leveraged in down payment and closing costs through assistance programs
450
first-time homebuyers
3118 Webster Avenue, street level rendering
3118 Webster Avenue: A New Era of Affordable Living in the Bronx
The Housing Partnership joined in a public-private collaboration with Urban Builder Collaborative, LLC, an affiliate of Lettire Construction Corp., and The Doe Fund, a nonprofit organization committed to addressing homelessness, in the development of a 100% affordable multifamily building at 3118 Webster Avenue in the Bronx…
Rendering of new multi-family affordable housing at 1647 Popham Avenue in the Bronx.
Innovative Collaboration Brings Affordable Housing to the Bronx
The Housing Partnership participated in a public-private partnership with Sandra Erickson Real Estate, JCAL Development Group and OCV Architects in creating the Morris Heights Project. This ambitious affordable multifamily development creates an energy-efficient, sustainable community that meets the needs of the Bronx communities.
Housing Partnership Serves as Marketing Agent for the First Mitchell Lama to HDFC Affordable Co-op Conversion
The Housing Partnership is serving as the Marketing Agent for the first conversion of a Mitchel Lama co-op to an HDFC affordable co-op…
Housing Partnership’s Homebuying Counseling Program & HPD’s HomeFirst Expansion
The dream of homeownership just became more attainable for thousands of New Yorkers. The NYC Department of Housing Preservation and Development (HPD) recently announced the expansion of the HomeFirst Down Payment Assistance Program, now offering up to $100,000 to eligible first-time homebuyers earning up to 120% of the Area Median Income (AMI)…
Housing Partnership Recognizes Ebenezer Plaza for Innovation in Affordable Housing
The Housing Partnership celebrated its 41st anniversary by hosting 240 guests in Manhattan at Gotham Hall on October 23, 2024. The guest speaker Charles Blow, New York Times Columnist, bestselling author, and MSNBC analyst shared his insights on housing affordability and delivered intriguing and thoughtful remarks on the relationship between stable housing and a successful life…
Thank You to Our Fall 2024 41st Anniversary Luncheon Sponsors
Save the Dates: Housing Partnership 2025 Special Events
Housing Partnership’s 3rd Annual
Affordable Housing Expo 2025
Showcasing affordable homeownership and rental housing opportunities
Saturday, June 28, 2025
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 emcintosh@housingpartnership.com.
Housing Partnership’s 42nd Anniversary
Luncheon Celebration
Dreams Within Reach: Bridging the Gap to Homeownership
Celebrating 42 Years of Expanding Opportunities and Empowering Communities
Wednesday, October 22, 2025
Gotham Hall
1356 Broadway (at 36th Street)
New York, NY 10018
For details on sponsorship opportunities, please call (646) 217-3373 or email pbabb@housingpartnership.com.
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