NYC Housing Partnership

Name

NYC Housing Partnership

Legal name

Housing Partnership Development Corporation

Website

https://housingpartnership.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Other Community Housing Services (624229), Administration of Housing Programs (925110), Lessors of Residential Buildings and Dwellings (53111)

SIC

Real Estate (6500), Operators Of Apartment Buildings (6513), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA), Affordable Housing / Down Payment Assistance (DPA) Mortgage Origination (FSALAAAM), Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Affordable housing development
• Homeownership counseling services
• Nonprofit housing intermediary
• Housing asset management
• Affordable housing financing

Headquarters

HQ city

Newark

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Government Subsidies and Grants: The organization receives government funding and subsidies from NYC HPD, HDC, NYS HCR, and federal agencies like HUD to support affordable housing development, homeownership programs, and sustainability initiatives.
2. Developer Fees and Sponsorship Revenue: As not-for-profit sponsor and administering agent for affordable housing projects, the Housing Partnership earns fees for project sponsorship, compliance monitoring, marketing services, and asset management services provided to developers and property owners.
3. Homeownership Counseling Program Revenue: HUD-certified counseling programs generate revenue through program fees and grants, helping first-time homebuyers with education, pre-purchase counseling, and access to down payment assistance programs up to $100,000.
4. HP Sustainability Solutions Services: Through HP Sustainability Solutions subsidiary, the organization provides energy efficiency consulting, solar solutions, and climate compliance advisory services to multifamily affordable housing owners, funded through grants (e.g., Wells Fargo $750,000) and service fees.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

NYC Housing Partnership is a 501(c)(3) nonprofit that serves as an affordable housing intermediary in New York City. It sponsors affordable housing developments, acts as an HPD-approved marketing agent administering housing lotteries and lease-up, delivers HUD-certified first-time homebuyer education and counseling, stabilizes distressed multifamily affordable properties through its Asset Management unit, and provides energy efficiency and climate compliance consulting via its HP Sustainability Solutions subsidiary. Revenue is generated through government grants, developer/sponsor fees, counseling program fees, and corporate philanthropy.

Product overview

NYC Housing Partnership is a 501(c)(3) nonprofit organization offering a comprehensive suite of affordable housing services through five interconnected Pathways programs. The core offerings include Pathways to Homeownership (HUD-approved counseling and education), Pathways to Housing Development (project sponsorship and developer financing), Pathways to Housing Stability (lease-up, lottery, and compliance management), Pathways to Housing Innovation (HP Sustainability Solutions for climate compliance), and the newly launched Pathways to Asset Management (distressed property stabilization). The organization also manages a portfolio of 26+ affordable housing projects across NYC's five boroughs, providing marketing, sponsorship, and compliance services for rental, homeownership, and mixed-income developments.

Differentiator

Problem solved

Functional benefit

Brands

• HP Sustainability Solutions (HPSS): Energy efficiency and renewable energy programs serving disadvantaged communities; decarbonization solutions for multifamily affordable housing portfolios
• Community Partnership Development Corporation (CPDC)

Products and services

• Pathways to Homeownership HUD-approved housing counseling program providing first-time homebuyer education, pre-purchase counseling, and post-purchase education. Includes Home Buying 101 orientation, online/in-person coursework via eHome America, one-on-one counselor sessions, and landlord/tenant training for multi-family home buyers. Designed for first-time homebuyers pursuing affordable condominiums, cooperatives, and 1-4 family homes in NYC.
• Pathways to Housing Development Project sponsorship services helping developers navigate regulatory environments, including title holding and full project lifecycle support from predevelopment to long-term compliance. Includes the Developer Loan Fund through affiliate Community Partnership Development Corporation (CPDC) providing predevelopment financing to small and emerging developers and community-based organizations.
• Pathways to Housing Stability HPD-approved end-to-end housing stability services including lease-up and lottery management, eligibility and compliance verification, and marketing agent services. Has successfully leased over 1,000 apartments and sold more than 15,000 condominiums, cooperatives, and homes. Markets affordable units and processes applicant files fairly and efficiently per HPD/HDC marketing guidelines.
• Pathways to Housing Innovation (HP Sustainability Solutions) Sustainability and energy consulting for multifamily affordable housing owners, helping meet NYS CLCPA and NYC Local Law 97 climate requirements. Evaluates portfolios for energy and solar opportunities, structures deals benefiting owners and residents, and identifies grants and financing sources. Funded through corporate grants (e.g., Wells Fargo $750,000 and $791,275).
• Pathways to Asset Management Asset Management/Housing Stability Unit converting distressed affordable properties into stable, performing assets through partnerships with public agencies, lenders, and community organizations. Focuses on early risk identification, stakeholder coordination, and driving issues to resolution before they become crises. Led by Malcolm McGregor as Chief Asset Management Officer.
• Developer Loan Fund (through CPDC) Predevelopment financing provided through Community Partnership Development Corporation (CPDC) affiliate to small and emerging developers and community-based organizations, bridging early-stage funding gaps in affordable housing development projects.
• Pathways to Homeownership for Gig Workers Tailored homeownership counseling program for gig workers (delivery drivers, writers, musicians, freelancers, independent workers) to help them qualify as first-time homebuyers through tailored workshops and one-on-one counseling. Provides access to down payment assistance up to $100,000 or more. Funded by Airbnb grant.

Quantifiable outcome

• 99,000+ low and moderate-income families housed
• +6 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core, major and minor.

• NYC Department of Housing Preservation and Development (HPD)coreStrategic or Co-development Partner · 1 January 2025Primary government partner providing funding, regulatory oversight, and strategic alignment for affordable housing development. The Housing Partnership collaborates closely with HPD on project sponsorship, marketing, and compliance activities.
• Greater Newark Housing Partnership (GNHP)coreOthers · 1 January 2015A wholly owned subsidiary of HPDC that partners with developers on affordable housing projects outside NYC, including The Monastery in Union City, New Jersey.
• NYC Housing Development Corporation (HDC)coreStrategic or Co-development PartnerKey financing partner for affordable housing projects, providing tax-exempt bonds, low-interest mortgages, and other financing mechanisms that enable affordable housing development.
• HP Sustainability SolutionscoreOthersA subsidiary initiative established by the Housing Partnership to help owners of multifamily affordable housing meet climate and energy goals through clean energy adoption and carbon reduction strategies.
• NYS Housing and Community Renewal (HCR)majorStrategic or Co-development PartnerState housing agency partner providing financing, Low Income Housing Tax Credits, and regulatory oversight for affordable housing projects.
• Fifth Avenue Committee (FAC)minorStrategic or Co-development PartnerHP Sustainability Solutions partnered with FAC to build on the success of FAC's Barrio Solar Program, providing grants to low-income single-family homeowners for solar installations.
• L+M Development Partners, Inc.majorStrategic or Co-development PartnerDevelopment partner for Story Avenue project (435 affordable units) and other affordable housing developments in New York City.
• Nelson ManagementmajorStrategic or Co-development PartnerDevelopment partner for Story Avenue mixed-use project in Soundview, Bronx.
• A&E Real Estate HoldingsmajorStrategic or Co-development PartnerAcquired Riverton Square complex (1,229 apartments) with Housing Partnership as nonprofit partner, preserving 975 units as affordable for 30 years.
• Fairstead CapitalmajorStrategic or Co-development PartnerPartnered with Housing Partnership as nonprofit sponsor for acquisition of Savoy Park (1,802 units), a financially distressed property preserved through Article XI regulatory agreement.
• Omni New YorkmajorStrategic or Co-development PartnerSelected as ultimate owner for DCA Brooklyn portfolio (27 buildings, 216 units) after Housing Partnership's interim stabilization ownership, founded by former baseball player Maurice 'Mo' Vaughn.
• MADDD EquitiesmajorStrategic or Co-development PartnerDevelopment partner for North Cove Apartments (Sherman Creek), recognized with Housing Partnership's Innovative Project Award.
• Joy ConstructionmajorStrategic or Co-development PartnerDevelopment partner for Sherman Creek North Cove project, one of the largest 100% affordable mixed-income rental communities in Manhattan.
• Regan Development CorporationmajorStrategic or Co-development PartnerDevelopment partner for The Monastery rehabilitation (435 units) in Union City, NJ, involving historic property redevelopment.
• Community Partnership Development Corporation (CPDC)coreOthersAffiliate providing predevelopment financing to small and emerging developers and community-based organizations through a Developer Loan Fund.

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/housing-partnership
• Xx.com/nychousing

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NYC Housing Partnership