1250 Broadway, 27th Floor New York, NY 10001

DEVELOP PROSPECT PLAZA

hpd_banner_nyreblog_com_.jpgProspect Plaza Request for Proposals

The New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Authority (NYCHA) invite developers to submit proposals for Prospect Plaza in the Ocean Hill section of Brooklyn's Community District 16.

Please go to http://www.nyc.gov/html/hpd/html/developers/rfp.shtml to download the RFP.

This RFP is in accordance with the Mayor's New Housing Marketplace Plan, which responds to the changing housing needs of New York's communities by committing to the new construction or rehabilitation of 165,000 housing units by 2014. The proposed Project serves the Plan's critical goals of creating needed housing opportunities, maximizing affordability, and in turn, enhancing the City's community revitalization efforts.

This Project will be financed through HUD's Mixed-Finance Program, which will allow developers to leverage public and private resources for the construction and operation of both public and non-public housing units. Additional financing will be available through HPD's Low Income Rental Program, which allows for income tiers affordable to households earning up to 60 percent AMI ($49,080 for a family of four).

Interested parties that choose to download the RFP using the link above must register. Only those registered will receive any updates or additional communications regarding the RFP. The RFP contains a detailed description of the development program, requirements, guidelines, eligibility requirements, selection process, and submission requirements.

A pre-submission conference will be held at NYCHA, 250 Broadway, 12th Floor Board Room, New York, NY on January 17, 2012 at 10:00 a.m. If you are planning to attend the conference, please RSVP to ProspectPlazaRFP@nycha.nyc.gov . All proposals are due in hand no later than 4:00 p.m. on Friday, March 30, 2012.

All communications must be IN WRITING to:

David Downs
NYCHA Dept of Development
250 Broadway, 24th Floor
New York, NY 10007
Email: ProspectPlazaRFP@nycha.nyc.gov

Please be sure to check out our educational offerings at http://www.nyc.gov/html/hpd/html/buyers/courses.shtml , including a podcast series on the HPD/HDC Housing Lotteries process.

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