April 29, 2025

Vacant Affordable Apartments in a Housing Crisis? Update HPD Issues Waiver!

by UNHP
This post follows the work to seek changes to re-rent vacant affordable units and has been updated to reflect that HPD issued a waiver regarding the re-rental of vacant affordable apartments in response to data and requests.

“UNHP has emerged as a thought leader on multi-family housing distress-a key issue facing all boroughs of New York City.”

— Rafael E. Cestero - President Community Preservation Corporation and former NYC Housing Commissioner