Housing Development

The Housing Development program helps tenants buy and repair their buildings so tenants become homeowners. We have developed 522 apartments in 24 buildings.


Applications are now being accepted for a newly renovated affordable cooperative apartment at 21 Arden Street in Washington Heights!

21 Arden Street Cooperative was developed through the New York City Department of Housing Preservation and Development’s Affordable Neighborhood Cooperative Program (ANCP). Information on the building and applicant eligibility is outlined below.

Please note that only applicants who are first time homebuyers are eligible to apply, and all units must be owner-occupied as a primary residence. Only applicants with family sizes of 1, 2, 3, 4 or 5 who meet the income and asset requirements will be considered.

Click here for the 21 Arden Street application. Click here for an FAQ sheet.

Interested applicants can reach out to Michael Reed to request an application.

Click the links below to view the available units. 

What We Do:
  • Help tenants get financing to buy their buildings.  
  • Hire contractors and supervise building rehabilitation (repairs) 
  • Convert rental buildings to cooperative ownership, so tenants become homeowners.  
  • Educate new owners about how to run their buildings and help them create a cooperative board of directors.  
  • Offer future help to owners to make informed ongoing decisions about their buildings.  
Who We Do it For:
  • Tenants in buildings we serve through our Tenant Organizing program.
  • Tenants in buildings the City decides should become tenant owned.  
How to Sign Up:
  • We do not sign up individuals. You must live in a building we are working with.  
  • If you are interested in tenant organizing support, please visit our Tenant Organizing page.  
Contact Us:

Call us at 212-822-8300 x360. 


If you have any questions about the units of the HDFC cooperative program, please contact Carlos Miranda Pereyra.




Click the icon above to see more of our Housing services.

Learn more about our coops

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