NYC Department of Housing Preservation and Development
New York City's housing agency · Code enforcement, preservation and new-construction financing
Overview
The New York City Department of Housing Preservation and Development is the city agency responsible for housing quality and affordability. Its stated mission is "to promote quality and affordability in the city's housing, and diversity and strength in the city's neighborhoods." HPD enforces the Housing Maintenance Code, finances the preservation of existing affordable housing and the construction of new affordable developments, and administers rental and down-payment assistance.
On Hush Street's records HPD appears not as a lender but as a named party on the regulatory and subordination instruments that accompany subsidised financings -- the documents that bind an owner to affordability terms.
The three transactions on file sit in Gowanus, East Flatbush and Brownsville, alongside Valley National Bank and Merchants Bank of Indiana — a reminder that HPD appears on a deal because the subsidy structure requires it, not because it chose that building.
Source: NYC Department of Housing Preservation and Development (official)
Transactions Tracked
Known Entity Names on ACRIS Records
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City of New York Department of Housing Preservation and Development— The form recorded on the 224 & 234 Clarkson Avenue financing documents (Deal 4258). The agency's full legal style. HPD is a department of the City of New York, and its own site uses both the long and short forms.
Related Properties
Sources
- ACRIS Document Detail — NYC ACRIS
- About HPD — NYC HPD
No amount on the record is attributable to this party alone; see each transaction's own basis.