City Of New York Housing Preservation & Development

City of New York Housing Preservation & Development (doing business as Housing Preservation & Development) is a U.S. local government entity and child of the City of New York that receives federal grants as the prime recipient to fund homelessness interventions, affordable housing development, lead hazard reduction, and family self-sufficiency programs across New York City. HPD is the nation's largest municipal housing agency and operates exclusively as a grant recipient; it holds no federal contracts or contract vehicles.

HPD's federal funding footprint centers on three core HUD grant programs. The Continuum of Care (CoC) Program (CFDA 14.267) dominates the portfolio, funding permanent supportive housing, rapid rehousing, transitional housing, supportive services, and homeless management information systems across five primary program components. HPD delivers CoC-funded services through sub-awards to nonprofit partners including Camba Inc., Services For The Underserved, Urban Pathways, Lantern Organization Inc., Project Renewal Inc., Henry Street Settlement, and others, with HPD acting as the prime grantee and fiscal administrator. The Home Investment Partnerships Program (CFDA 14.239) provides formula grant funding—$66.49 million obligated in September 2025 through September 2034 and prior years—for acquisition, rehabilitation, and construction of rental housing, homebuyer assistance, and tenant-based rental assistance for low- and very low-income households. The Family Self-Sufficiency Program (CFDA 14.896) funds FSS Program Coordinators who deliver employment and economic mobility services to low-income families in public housing and Housing Choice Voucher programs; HPD received $2.33 million for calendar year 2026. HPD also holds a $4 million Lead Hazard Reduction Grant (CFDA 14.900, awarded March 2026) supporting identification and control of lead-based paint hazards in pre-1960 housing, with completion through March 2030.

Customer concentration is singular. The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development accounts for 649 of 675 total awards (96% of the prime footprint), reflecting HPD's role as New York City's CoC lead grantee. HUD's Public and Indian Housing Office funds FSS awards (11 awards), and HUD's Office of Healthy Homes and Lead Hazard Control funds lead hazard reduction (7 awards). Federal Emergency Management Agency provided 6 awards related to flood resiliency and disaster recovery. The concentration around CoC funding is decision-relevant: HPD's federal grant activity is driven entirely by HUD Community Planning and Development programs focused on homelessness and affordable housing, not by competitive contracting.

Activity has remained consistent over the past five years at 42–50 awards annually, with 20 awards recorded in 2026 (through early July). Forty-five awards reach ultimate completion within the next twenty-four months, representing recompete risk for those grant cycles. Combined federal dollars obligated across all 675 awards total $933.6 million. HPD operates as a prime recipient on 99% of awards (666 grants); the 1% sub-award share (9 sub-grants) reflects instances where HPD received sub-awards from other local government entities as part of multi-jurisdictional HUD initiatives—for example, a sub-grant from New York State Division of Homeland Security and Emergency Services for a flood resiliency project.

HPD is a unit of municipal government and does not compete for federal contracts or IDIQs. All federal engagement flows through HUD grant programs administered by the Assistant Secretary for Community Planning and Development and related HUD offices. HPD's operational footprint extends citywide through its nonprofit partner network, with administrative oversight centered at its headquarters at 100 Gold Street, New York. As a federal grant recipient, HPD must comply with Consolidated Plan requirements, annual action plans, and federal cost accounting and compliance standards; grant awards require affordability commitments ranging from five to twenty years depending on activity type. The agency's role as the largest municipal housing authority in the United States positions it as the exclusive prime grantee for HUD's CoC funding flow to New York City, making it the central federal funding recipient for homelessness and affordable housing initiatives in the jurisdiction.