Mayor Mamdani Announces Launch Of Neighborhood Builders…
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Mayor Mamdani Announces Launch Of Neighborhood Builders Fast Track
The new Neighborhood Builders Fast Track is a program intended to speed affordable housing development on City-owned land across New York City. The initiative will allow HPD to **pre-qualify affordable housing developers** and **shorten** the Request for Proposals process **by about eight months for certain projects**, cutting the developer selection timeline by nearly half.
HPD said it expects the Neighborhood Builders Fast Track to help advance as many as **1,000 new homes over the next two years**. The agency is also issuing a Request for Qualifications due **May 8** for developers seeking to pre-qualify for the program, with an **emphasis on nonprofit organizations and minority- and women-owned businesses.**
#local
The new Neighborhood Builders Fast Track is a program intended to speed affordable housing development on City-owned land across New York City. The initiative will allow HPD to **pre-qualify affordable housing developers** and **shorten** the Request for Proposals process **by about eight months for certain projects**, cutting the developer selection timeline by nearly half.
HPD said it expects the Neighborhood Builders Fast Track to help advance as many as **1,000 new homes over the next two years**. The agency is also issuing a Request for Qualifications due **May 8** for developers seeking to pre-qualify for the program, with an **emphasis on nonprofit organizations and minority- and women-owned businesses.**
#local
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