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Homes and Community Renewal

New York State Housing Finance Agency (HFA)


image of Prospect Plaza Apartment
This is a rendering of the proposed Prospect Plaza Apartments at Howard Avenue and Park Place in Brooklyn.

When completed, this All Affordable development will consist of 150 rental units for households with incomes at or below 60% of AMI for New York City.

HFA's mission is to create and preserve high quality affordable multifamily rental housing that serves communities across the State of New York.

HFA offers financing to for-profit and not-for-profit developers to build affordable housing and preserve existing affordable housing, including Mitchell Lama developments. The links below provide details about these programs:

Last updated: 08/13/2012